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Main Photo: 40 King Street W: Cobourg Property for sale : MLS®# X9310143
Photo 1: 40 King Street W: Cobourg Property for sale : MLS®# X9310143
Photo 2: 40 King Street W: Cobourg Property for sale : MLS®# X9310143
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X9310143
Bus Major:
Apparel
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.
2nd Street or Division Street
510940387
Property Type:
Commercial
Commercial Type:
Sale Of Business
Approx. Age:
100+
Depth:
135'11"
Frontage:
29'10"
Total Area:
2,985.5 sq. ft.
Retail Area:
2,986 sq. ft.
Bathrooms:
2.0
Zoning:
MC-4
Heating type:
Gas Forced Air Closd
Basement:
Full
Garage:
None
Possession Details:
TBD
Lot Irregularities:
30.63 ft x 135.91 ft x 29.82 ft x 52.44
Taxes:
$5,135.06 / 2024
Assessment:
$- / 2024
Utilities:
Y
Water supply:
Municipal
Sewer:
San+Storm
Seller Property Info Statement:
No
Maintenance Fee:
625.0
Air Conditioning:
Y
Amperage:
200
Number of Grade Level Shipping Doors:
1
Crane:
No
Chattels:
Yes
Log/Bldg/Unit Code:
Lot
Outside Storage:
No
Rail:
No
Soil Test:
No
Sprinkler system:
No
Survey Available:
No
Type Taxes:
Annual
Business/Building Name:
Jake's
Category:
Without Property
Major Business Type:
Apparel
Seats:
0
Days Open:
6
Hours Open:
10-5
Employees:
3
Estimated Inventory At Cost:
100000
Financial Statements:
No
Franchise:
No
Freestanding:
Yes
Gross income:
$375,000
LLBO:
No
Expenses Actual/Estimated:
Estimated
Heating Expenses:
225
Hydro Expenses:
73
Tax Expenses:
$5,135
Year Expenses:
2024
Date Listed:
Sep 10, 2024
Original Price:
Previous Price:
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Listed by CENTURY 21 ALL-PRO REALTY (1993) LTD.
Data was last updated October 15, 2024 at 11:55 AM (UTC)