40 King ST W Active

Cobourg,ON K9A 2M1

$ 149000

- Bed

2 Baths

2985 SqFt


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 X9310143

Annual Tax Amount $5,135

Tax Year 2024

Property Description

Profitable & Popular. A Great Turnkey income-generating enterprise with a loyal customer base. Enjoying approx. $100,000 in profit yearly. 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 Public Transit

Area Cobourg

Interior

Cooling Yes

Exterior

Community Features Public Transit

Utilities Available Yes

Parking Type None

Others

Security Features No

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