ON > Northumberland
Northumberland, ON K9A 2M1,40 King ST W
Northumberland, ON K9A 2M1,40 King ST W
Northumberland, ON K9A 2M1,40 King ST W
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$149,000
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2 BA
2,985 SqFt
Active

40 King ST W Northumberland, ON K9A 2M1

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First Fully Rewarding Licensed Brokerage | Proudly Canadian

First Fully Rewarding Licensed Brokerage | Proudly Canadian

PiToPi

+1(416) 300-8540

UPDATED:

12/14/2024 05:56 PM

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,985 sqft

Price per Sqft $49

MLS Listing ID X11892927

Annual Tax Amount $5,135

Tax Year 2024

Property Description

Profitable Retail Clothier! Established business 15+ years in busy downtown. Owner retiring! Solid income-generating enterprise with a loyal customer base. Enjoying approx. $100,000 in profit yearly. Approx. $100,000 in inventory to pass along with business!! Gross profit margins are excellent. Well-Established Apparel Business now for sale after many successful years on the main street. Prime Retail & Tourist area Business in the almost-filled to capacity downtown of "Ontario's Feel Good Town". An efficiently operated & dynamic Retail shop beloved by many on the main street with an excellent reputation for a superb, curated selection of apparel & accessories (list of items/inventory avail.) Known to provide great customer service & a fantastic selection of high-quality fashions for all ages & styles, with emphasis on vibrant fashions both Brand name & Custom or Unique items. Busy & open 6 days per week, perfectly situated on the desired sunny side of King St W, in a destination locale steps to a lively Tourist Beach, Marina Lakefront district. Financials & Income avail. to serious inquiries. Shipping & parking in back. Basement fully finished. Lease space back (or purchase building with residence which is also for sale) Lease Base Rent Will Be $4200+TMI (TMI to be calculated at time of purchase.) Unique Opportunity in fantastic location. VIA Train or 401 just up the street. 100km to Toronto. 2 staff members on payroll. Books for review will be made available with accepted offer in place.

Location

Province ON

County Northumberland

Community Cobourg

Area Northumberland

Zoning MC-4

Region Cobourg

City Region Cobourg

Interior

Cooling Yes

Inclusions All Fixtures & Shelving, POS system, Camera System, Anti-Theft System, Retail Counter, Chairs, Tables, Desk Current Inventory approx $100, 000 (fluctuates & list to be provided with offer.) More detailed List of inclusions available under attachments.

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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First Fully Rewarding Licensed Brokerage | Proudly Canadian

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+1(416) 300-8540 | admin@pitopi.com

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40 King ST W