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  • Price$459,000
  • Sq. Ft.6,051

261 Spring St, Cobourg

Downtown Cobourg Investment Opportunity! 1540 Sq Ft Professional Building (Plus Finished Basement With Staff Areas And Storage), Converted And Equipped For Dental Office In 2002. Same Tenant For 12 Years, 3 Years Remaining On Current Lease With Intent To Renew. Current Lease Rat $16.36 Per Sq Ft, To Give A Cap Rate Of 5.5 %. Windows Replaced 2003, Furnace Replace 2007; Roof Re-Shingled 2015; Gas Hot Water Tank Replaced 2017; Interior Renovated 2018.

Essential Information

  • MLS® #X4604655
  • Price$459,000
  • Bathrooms0.00
  • Square Footage6,051
  • TypeCommercial
  • Sub-TypeInvestment
  • StatusA

Amenities

  • UtilitiesY
  • FeaturesCheck Out Mls # 227367 For More Detailed Information.
  • GaragesNone

Exterior

  • Lot Description66.50x91.00 Feet

Listing Details

  • Listing OfficeRoyal Lepage Proalliance Realty, Brokerage

Community Information

  • Address261 Spring St
  • AreaNorthumberland
  • SubdivisionCobourg
  • CityCobourg
  • StateOntario
  • Zip CodeK9A 3K3

Interior

  • HeatingGas Forced Air Closd
  • Has BasementYes

Additional Information

  • ZoningMc
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