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Key Facts
Key facts for 31 King Street E
Property Type
Commercial
Parking
None
MLS #
X13166864
Size
-
Basement
-
Listed on
2026-05-22
Lot size
33 x 165.02
Tax
$13,023 /yr
Days on Market
144
Approximate Age
-
Maintenance Fee
-
Description
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 ope...rating 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.
Full Property Details
General
Business Type
-
Retail Area
2500.00 Sq Ft
Total Area
5457.30 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
-
Retail Area
2500.00 Sq Ft
Total Area
5457.30 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Gas Forced Air Closd
Air Conditioning
Part
Washrooms
0
Heating Fuel
Gas Forced Air Closd
Air Conditioning
Part
Exterior
Depth
165.02
Front
33.04
Lot Size
33 x 165.02 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
MC - Main Central Commercial
Depth
165.02
Front
33.04
Lot Size
33 x 165.02 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
MC - Main Central Commercial
Building Description
Home Type
Commercial
Subtype
Commercial/Retail
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Commercial/Retail
Water Supply
Municipal
Possession Date
No Data
Community
Community
Cobourg
Community
Cobourg
Taxes & Fees
Taxes
$13,023 /yr
Tax Year
2026
Occupancy
Tenant
Taxes
$13,023 /yr
Tax Year
2026
Occupancy
Tenant
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