10 - 79 KING STREET W, Cobourg, Ontario, K9A2M4

Property Description

Exceptional opportunity to own a prime Main Street commercial condo in the heart of a vibrant destination downtown shopping, dining, boutique tourist district. This is a high-exposure location. Formerly Tezca, a popular Mexican cantina style food & tequila/cocktail bar. Currently configured and ready to go as a restaurant with 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 it out. Owner can remove kitchen offering the flexibility to reconfigure for a variety of commercial uses if buyer prefers. The unit features large Main Street display windows, excellent signage visibility, and a spacious front patio-perfect for seasonal dining or customer seating. 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 two 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 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.*Photos to follow* (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: 2
• Living Area: 720 sq ft (66.9 m²)

Costs

• Annual Taxes: $5,124.00

Listing Provided by: CENTURY 21 UNITED REALTY INC.
Board: Central Lakes Association of REALTORS®
Data provided via CREA DDF®.