Cobourg Real Estate Search

Cobourg Commercial Properties for Sale

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Newest Cobourg Commercial Properties for Sale

$1,099,000
X13572802 MLS
Exceptional investment opportunity in one of Cobourg's established commercial corridors. This fully leased income producing property combines stable cash flow, future development potential and a highly desirable location with exceptional visibility and exposure. With over 5,000sq. ft., this building is home to three established commercial tenants, providing immediate rental income while minimizing vacancy risk. Situated on a high traffic route with 13 municipally allocated parking spaces, the property offers excellent accessibility for tenants and customers alike, a valuable feature that's increasingly difficult to find in Cobourg. Positioned within the LM-14 zoning designation, the property also presents future opportunities for investors. In addition to its existing commercial use, the property includes one residential zoning component and may offer the potential to add/convert a residential unit, subject to approval from the Town of Cobourg, creating an opportunity to further enhance revenue over time. The current owners have made substantial capital improvements throughout their ownership, including a steel roof, multiple ductless heating and cooling systems, renovated commercial spaces, updated kitchens and bathrooms, new flooring, doors, security upgrades, mechanical improvements and more. These investments provide peace of mind while reducing the likelihood of major capital expenditures in the near future. Whether you're expanding an investment portfolio, securing a long term commercial asset or looking for a property with additional upside, 66 Elgin Street West offers a compelling combination of reliable income, quality improvements and future potential in one of Northumberland County's strongest commercial markets.

66 Elgin Street W, Cobourg

$1,000,000
2 Baths X13438318 MLS
Extremely unique & versatile mixed-use Home with Workshop on 2.01 acres owning into the beautiful sparkling creek with trout & salmon surrounded by Forest! There is high-visibility for the Workshop, yet privacy for home. Home is well maintained 3+1BR 2Bath bungalow with 1391 sq ft on the main floor + 1391 sq ft finished LL guest unit-ideal for multi-family living or income potential. Great floor plan & features in the Main Floor living level. Upgraded kitchen, Large picture window in Liv Rm with Gorgeous Greenspace Views over the manicured grounds into forest/creek. Attached is a large Carport over a concrete slab, perfect for parking or use as a covered outdoor patio. Your own Detached WorkShop with Commercial & Industrial zoning is currently rented to an Artisan. Perfect for a home business, hobbies (zoned Commercial or Industrial) or convert to 2nd Residence? Land is protected by forest while the Shop is further to the south & benefits from visibility/exposure on a main road. Approximately 163 ft of frontage. Zoned: Development, Environmental Conservation (EC), GM/Industrial, Employment Lands, allowing a wide range of potential uses (buyer to verify locations/uses for zoning/development). Opportunities may include live/work, shop for a small-scale industrial or manufacturing use, warehouse or logistics, commercial, office, retail, or service-based business, or future development in coordination with planning authorities & conservation regulations. Flat, park-like Nature setting with trees and creek on city water, sewer, hydro & high-speed internet. Convenient access to public transit, Highway 401/407 & VIA Rail, 100 km to Toronto. Located in a growing town with ongoing residential & commercial expansion. A rare & versatile property offering flexibility, income potential, & long-term value for owner-occupants, investors, or developers. Buyer to investigate all intended uses. EC designation applies to portions of the land. Adjacent to a large Conservation Park.

670 William Street, Cobourg

$1,745,000
9 Baths X13076922 MLS
Don't miss your chance to add this high-performing asset to your portfolio. With very limited available space left on King Street & new developments under proposal review for infill, this is the perfect timing for an opportunity to invest in a thriving and growing downtown core. Tenants are drawn to the highly walkable area with access to all essential amenities. This is a fantastic income asset. A turnkey Investment opportunity in supreme Location by the beach/lakefront. Invest in the heart of Downtown Cobourg, one of Ontario's most sought-after tourist destinations & growing lifestyle communities. 100KM to Toronto. Superior Location for this fully tenanted 9-unit Mixed-Use Brick apartment building with 1 Unit a 2000 sq ft Commercial Storefront. Very Successful Commercial business occupies the space on a 5-year lease(expires Oct 31, 2030) Attractive Cap Rate. Approx. 7.5% return. Solid tenant base (new great Tenants)with month-to-month residential leases. Updated & Well-Maintained. Situated directly on King Street E, Cobourg's main commercial strip amidst excellent dining, entertainment, galleries, boutique shopping &professional services. Adjacent to Victoria Park, the Beach, Boardwalk, Marina, Yacht Club, and Heritage Harbour. Farmers Market, Grocer, Skating Rink & Year-round events & tourism attractions. Excellent commuter access: just 2 blocks to VIA Rail & the Highway 401/407 corridor 100 KM to Toronto. Newer$25,000 boiler system & hot water tank. Newer A/C Splitter for Retail unit. Newer flooring, Paint, &Upgraded units. Parking for 6 cars in back. Financials, Upgrades available. Do not hesitate on this opportunity! Owner pays Water for building + Hydro for Res Tenant. Great new Res. tenants!!

41-43 King Street E, Cobourg

$1,299,000
5 Baths X12641452 MLS
FULLY OCCUPIED DOWNTOWN COBOURG INVESTMENT generating $93,600 in annual gross income. This well-maintained 4,390 sq. ft. mixed-use freehold combines a prominent King Street retail storefront with three residential apartments, offering diversified income from four tenancies. Approximate NOI of $71,974 based on supplied operating expenses represents an approximate 5.54% cap rate at the asking price.The main-floor commercial tenant occupies approximately 1,161 sq. ft. plus a similarly sized lower level and is in the second year of a three-year lease commencing March 1, 2025. The bright storefront features large display windows, high ceilings, flexible retail space and roughed-in plumbing for salon or esthetic uses. The walkout lower level provides an office, storage, laundry hookups and a 2-piece bath.Three separately metered apartments occupy approximately 2,054 sq. ft. across the upper floors and have a private entrance independent of the commercial premises. Two residential leases extend to January 31, 2028, while the third tenancy is month-to-month. Tenants pay their own hydro.Investor-friendly improvements include a newer membrane roof and residential furnace, 2024 fire retrofit and separate furnaces. Four entrances, three rear parking spaces and walkout access support convenient tenant operations. Potential also exists for a rear patio or future expansion, subject to approvals. Located in Cobourg's historic downtown near Victoria Hall, shopping, dining, VIA Rail, the marina and Lake Ontario. A stabilized, easily managed asset combining immediate income, established tenancy and long-term downtown value. Turnkey Income. Cap Rate: 5.5% approx. at full list price. A rare chance to acquire a hands-off, stabilized asset in a destination market with strong fundamentals, consistent rental demand, and upside through future growth-all within a manageable drive or train ride from Toronto.

39 King Street W, Cobourg

$395,000
2 Baths X12908542 MLS
Exceptional opportunity to own a prime Main Street commercial condo in the heart of a vibrant destination downtown shopping, dining, boutique tourist district. The unit features large Main Street display windows, excellent signage visibility, and a spacious front patio-perfect for seasonal dining.This is a high-exposure location. Formerly Tezca, a popular Mexican cantina style food & tequila/cocktail bar. (Photos are of former restaurant decor & set up. Now a blank slate for your ideas. ) Kitchen infrastructure in place, charming details such as Exposed Brick wall, with Lam flooring & PVC walled Kitchen for easy clean up. A versatile commercial unit ideal for restauranteurs or investors who wish to purchase as income property and rent out. Owner can remove kitchen equipment - flexibility to reconfigure for a variety of commercial uses if buyer prefers. Enjoy steady pedestrian and drive-by traffic in a lively area surrounded by patrons from professional offices, banks, and residential communities. Extensively upgraded within the last 5 years and fire-retrofitted, the property includes significant improvements to plumbing, electrical, HVAC systems, kitchen areas, and 2 washrooms, making it well-suited for immediate use or further customization or personalization. Located steps to the waterfront tourist district, beach, boardwalk, marina, and yacht club, drawing visitors and locals year-round. Conveniently positioned only 1 block from VIA Rail, providing easy access for commuters, staff, and tourists, 100 KM from Toronto. Additional basement storage (approx. 5 ft. height) included. Restaurant kitchen equipment, dining chattels, patio railings included. A rare chance to own a well-located commercial space in a thriving downtown destination-ideal for hospitality, retail, or conversion for professional office use. TMI Includes: Condo Fee $368.95/M Taxes $427/m all subject to HST Condo Fee Covers Water/Bldg Insurance/Common Elements Maintenance, Reserve Fund.

79 King Street W Unit 10, Cobourg

$499,000
X12711350 MLS
State-of-the-art commercial condo. Fully renovated with premium design, transferable licensing, & outstanding flexibility, making it ideal for investors or owner-operators alike. A Rare Value! Exceptional opportunity to own a turnkey restaurant, cafe, or bar in the heart of a vibrant, high-traffic downtown tourist district 100 km from Toronto. Professionally rebuilt 2 years new, the space was fully renovated & showcases high-grade fixtures finishes throughout, wrapped in a sleek, modern, minimalist aesthetic designed for both efficiency & visual impact. Formerly operating as a successful espresso, wine, craft beer, martini bar, the unit attracted a loyal clientele. LCBO licensed for 30 seats (transferable), an elegant long bar with granite steel countertops, a book-matched marble backsplash with stacked handmade wall tile, durable 24" x 24" terrazzo-style porcelain flooring. Additional features include steel shelving, large display windows with security gates, washrooms, a generous prep storage room, basement storage (wet-wrapped & dry), rear access beyond 2 washrooms, a small outdoor cafe table area. Ideally positioned steps from the marina, yacht club, lake, beach, park & adjacent to cultural landmarks such as Victoria Hall & the Art Gallery, Concert Hall, live Music venues. Surrounding streets are lined with boutiques, professional offices, banks, entertainment, dining, ensuring consistent year-round foot traffic. Purchase as a pure investment with a tenant ready to lease, or buy & owner operate your own concept immediately. Select equipment, including a Bosco espresso machine & professional barista setup negotiated separately. With ample street & nearby lot parking, proximity to the VIA Rail station, and easy access via the 401/407 corridor, this location is perfectly positioned to benefit from continued growth & tourism momentum. A rare, high-quality commercial condo in a premier downtown location-ideal for investors, restaurateurs, or lifestyle entrepreneurs.

79 King Street W Unit D, Cobourg

$988,000
X13166864 MLS
AMAZING INVESTEMENT OPPORTUNITY FOR INVESTORS AND END USER!! Ground floor restaurant, could be available for Lease. Excellent investment and lifestyle opportunity in the heart of downtown Cobourg. This solid brick semi-detached building offers a strong mixed-use configuration featuring a fully operating restaurant on the main level and two spacious residential apartments on the second floor each with a view of the lake. The main floor restaurant has been recently upgraded and is well maintained, with a proven history of successful operation. It includes an inviting layout and an outstanding patio area that has become a popular destination for patrons over the years. The second level consists of two large residential apartments, both well proportioned and suited for long-term tenants. The property is fully tenanted, with the restaurant paying approximately $6,250/month including HST, and each residential unit renting for approximately $1,100/month, providing stable and consistent income. Situated in Cobourg's vibrant downtown, the property benefits from steady pedestrian activity, local amenities, and year-round appeal from both tourists and residents. The location is enhanced by its proximity to the waterfront, with the popular marina and Cobourg Beach just a short walk away, drawing significant seasonal and weekend traffic. The building is well maintained throughout and includes a full basement. Existing tenants would be happy to remain, providing a seamless investment transition, or vacant possession can be arranged for an owner-operator. A rare opportunity to acquire a well-performing mixed-use asset in one of Cobourg's most desirable and high-traffic downtown locations.

31 King Street E, Cobourg

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