31 King Street E, Cobourg, ON K9A 1K6
Cobourg
AMAZING INVESTEMENT OPPORTUNITY FOR INVESTORS AND END USER!! 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 operating 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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 31 King Street E, Cobourg, ON K9A 1K6
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MLS# X13166864
Listed by REAL BROKER ONTARIO LTD.
On market since May 23, 2026
31 King Street E, Cobourg, ON K9A 1K6 is listed for $988,000 CAD.
31 King Street E, Cobourg, ON K9A 1K6 is a Commercial Retail, 5,457 sq ft.
31 King Street E, Cobourg, ON K9A 1K6 is in Cobourg, Ontario.
31 King Street E, Cobourg, ON K9A 1K6 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 31 King Street E, Cobourg, ON K9A 1K6 (MLS# X13166864). You can also send a message through the contact form on this site.
