9&11 KING ST E

Cobourg, Ontario

K9A1K6
799,000
Retail
Fantastic Opportunity To Invest In King St E Developing Location. Downtown Main Street Building Has Huge Potential. Live/Invest. Mixed-Use Commercial & Res Bldg Has 6+Spaces In Parking Area In Back, Accessed Via Rental Agreement Over Back Lane. May Be Able To Expand Bldg Into Parking Area For Added Units. Currently 2 Of 3 Commercial Units Tenanted By 1 Tenant. Other Commercial Unit 700 Sq Ft (Approx.) Is Vacant. You May Rent It Or Owner-Occupy Right Away! 2nd Fl Renovated Into 3 Large Separate Living Spaces W/ 3Kitchens 3Baths 6Brs 3Living Rms. Buyer Must Perform Due Diligence With Town Regarding All Intended Uses For Residence & Building. Mn Fl Has 3 Commercial Units W/ Great Tenant Who Occupies 2 Units @ Approx 2200 + Tmi. Seller Has Undertaken $100,000 In Updates: Roofing/Shingles, Plumbing, Wiring, Sep. Metres, Sep Heat. **Sold As Is**

**** EXTRAS ****
2 Units Rented To Existing Retail Boutique At 2200/M Gross Lease. 1 Lower Vacant Commercial Unit Can Rent For Approx. 1300-1400/M Gross. Upper Residences/Large Unit Previously Rented At $3000 Gross. Being Sold As Is. (id:6355)

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