For Sale

249-255 Division Street, Cobourg, Ontario K9A 3P9

$1,699,900

249-255 Division Street, Cobourg, Ontario K9A 3P9 is For Sale and has a listing price of 1,699,900. The property is located in the Cobourg neighbourhood . It's been on the website for 55 Days.

  • MLS ID: X11943810
  • Office Name RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Property Description

Investment property in Downtown Cobourg. 7 Apartments, 9-12 commercial units (adaptive layout) 19 parking spaces. This property has incredible potential for for the commercial investor, located in the growing business sector of downtown Cobourg. Plenty of thriving retail, office and commercial businesses continue to seek space. Highly demanded residential spaces offer a balance of incomes. This building has adaptive layout allowing business to expand within their existing space if needed. Single offices, multi office + reception spaces, storefront retail facing Division St, basement storage and laundry, back private parking lot adjacent to the town lot gives so many options for successful businesses to operate. **EXTRAS** Updates – roof (flat sections, 2015, 2019), decks (2021), locking systems 2024, painting (common corridors), apartments (3 updated during tenant turnover 2019, 2021, 2024)

Property Details
  • MLS ID: X11943810
  • Price: $1,699,900
  • Lot Depth: 165.15
  • Transaction Types: For Sale
  • Ref ID: X11943810
  • Year Built: N/A
  • Dir / Cross St: King Street
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 51-99
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
06/02/2025 X12190185 $1,699,000 For Sale - -
01/28/2025 X11943810 $1,699,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cobourg
  • $827,088 Average List Price
    based on 1 year
  • 37 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100.58 % Up
  • Sold (12mo) 226
  • Rented (12mo) 147

  • 1 Month Change +173.4%
  • 3 Month Change +11.2%
  • 6 Month Change +34.4%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Y
  • Parking Spaces: 19
  • Taxes: $19,459
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD 30-90
  • Listing Entry Date: 28/01/2025 16:58:22
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