31 King Street
About this property
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.
Features & finishes
Property details
| MLS® Number | X13166864 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Commercial |
| Interior Size | 5,457 sq ft |
| Beds / Baths | 0 bed · 0 bath |
| Neighbourhood | Cobourg |
| City | Cobourg |
| Postal Code | K9A 1K6 |
| Province | ON |
| Listed Date | May 23, 2026 |
| Days on Market | 75 |
| Price per Sq Ft | $181 |
| Brokerage | REAL BROKER ONTARIO LTD. |
Location
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