40
See all 40 photos
$1,899,000
Est. payment /mo
5 BA
8,022 SqFt
Active
40 King ST W Northumberland, ON K9A 2M1
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UPDATED:
12/14/2024 06:45 PM
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 8,022 sqft
Price per Sqft $236
MLS Listing ID X11888354
Annual Tax Amount $13,794
Tax Year 2024
Property Description
A meticulously renovated 4-story historic brick building, dating back to the 1870s, presenting an exceptional investment for a residential, commercial mixed-use building. Located just steps from the beach, marina, & VIA station, only 100 km from Toronto, this investment property offers both charm & modern convenience in excellent condition. Renovated with high-end custom craftsmanship & designer finishes, including Canadian maple hardwood floors, vaulted ceilings, contemporary kitchen & bathrooms, built-in cabinetry, & stylish barn slider doors, it is a fabulous find. Arched windows flood the space with natural light on two floors & offer quaint views of a vibrant downtown heritage streetscape. 4 Entrances on King St plus a back Entrance & a lift elevator. On the first floor, a retail clothing store generates income & includes large display windows, an outdoor display area, & a finished basement with staff rooms, storage, & two 2-piece baths. The second floor is currently used as a studio & warehouse & could easily be converted into another living space or offices. It includes a 3-piece bath & two large rooms. On the 3rd floor a Northside living room enjoys glass doors leading to an 800 sq ft rooftop terrace, perfect for relaxing or entertaining & includes a guest BR & stunning 4-piece bath. Above a large 4th floor Primary BR Suite features a laundry/bath combo & walk-in closet. Bonus of 4 parking spaces & backing onto a public parking lot. The business is also available for sale, providing a unique live-work opportunity. Option for the buyer to buy & run the business or the current owner may rent the commercial space from the Buyer. Modern heat/cool pump on upper floors & gas furnace a/c on main floor. This is a rare gem in the heart of downtown close to the VIA Station (100km to Toronto) Just steps to the beach, marina & harbourfront tourist area. A smart acquisition for income or Live-Work space with significant growth potential.
Location
Province ON
County Northumberland
Community Cobourg
Area Northumberland
Zoning MC-4
Region Cobourg
City Region Cobourg
Interior
Cooling Yes
Inclusions All Appls. All ELF Fans & Remote. Central Vac. A/C. Lift style Elevator. Hot Water Heater.
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 29.828
Lot Depth 135.91
Others
Security Features No
Listed by CENTURY 21 ALL-PRO REALTY (1993) LTD.
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