$889,000 Sale

Listed 4 days ago

38 COVERT STREET

MLS® x13880260 Retail

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 3156

Est. mortgage

$3,373/mo

Key Facts

Key facts for 38 COVERT STREET

Property Type

Commercial

Parking

Garage: No, 0 parking

MLS #

X13880260

Size

3156 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

38 Covert Street offers a strategic investment opportunity in the heart of downtown Cobourg. Well-known as the long time home of the Cat and Fiddle restaurant this 3156 square foot MC zoned building provides strong commercial versatility and excellent potential for value growth. Its location in Cobo...urg's thriving core supports a wide range of future uses making it appealing for both owner operators and long term investors. The main floor features a full commercial kitchen and a pub style dining area with a classic bar creating an immediate opportunity for continued restaurant or hospitality operations. The second level includes a cold prep kitchen, a private dining room, an office, and a large flexible space suitable for events overflow, dining, or potential residential conversion subject to municipal approvals. Two spacious washrooms serve the upper level. A large outdoor patio enhances seasonal revenue potential and adds strong curb appeal. While kitchen and dining equipment are not included in the offering they are negotiable allowing buyers to decide between a turnkey food service option or a redevelopment strategy. The MC zoning supports a variety of commercial and mixed use configurations and buyers may explore creating two upper level apartments while maintaining commercial use on the main floor in consultation with the planning department. With its established reputation, high-visibility, flexible zoning, and strong demand for quality commercial space in downtown Cobourg this property presents an exceptional opportunity for investors seeking stability future redevelopment options or income producing potential, in a prime location. (id:10452)

Full Property Details

Interior

Washrooms

0.0

Square Footage

3156 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

3156 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Acreage

46 x 146 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

Mc Main Central Commercial

Acreage

46 x 146 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

Mc Main Central Commercial

Building Description

Home Type

Commercial

Subtype

Retail

Sewers

Sanitary sewer

Water Supply

Municipal water

Home Type

Commercial

Subtype

Retail

Sewers

Sanitary sewer

Water Supply

Municipal water

Community

Cobourg

Area Code

Cobourg

Community

Cobourg

Area Code

Cobourg

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