$149,000
( $49.91Per Sq Foot )
 $800 est/mo Sourced by Back At You

40 King Street , Cobourg, ON K9A 2M1

Cobourg, ON K9A 2M1

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Description

Profitable Retail Clothier! Established business 15+ years in busy downtown. Owner retiring! Solid income-generating enterprise with a loyal customer base. Enjoying approx. $100,000 in profit yearly. Approx. $100,000 in inventory to pass along with business!! Gross profit margins are excellent. 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.

Details

MLS#X11892927
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site58
Listing Provided ByCENTURY 21 ALL-PRO REALTY (1993) LTD. | Not Provided

Features

Bath(s)2
SQ Feet2,985
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 2 hours ago
StateON
CountyNorthumberland
CityCobourg
Zip CodeK9A 2M1
AreaCobourg
Listing VS Median (in K9A 2M1)
Price:
$149,000
low | high
Med:
$774,500
100% of Average
SqFt:
2,985
low | high
Med:
3,688
26.465661641541% of Average
$ / SqFt:
$50
low | high
Med:
$184
100% of Average
On Site:
58
low | high
Med:
70.000000
82.857142857143% of Average
Sourced by Back At You
Listing Updated: January 29, 2025 at 8:29:45 PM PST