39 King Street

ActiveCobourg · Cobourg231 days on marketMLS® X12641452

$1,299,000

$296 / sq ft

Bedrooms0

Bathrooms5

Interior4,390 sq ft

TypeCommercial

ListingFor Sale

Days on Market231

About this property

A rare opportunity to own a fully stabilized Main Street investment in a high-growth, lifestyle-driven market within easy reach of Toronto. Ideal for investors looking to diversify beyond the GTA, with minimal management while maintaining strong connectivity, dependable returns, & long-term capital appreciation. The well-maintained historic brick building offers enduring character paired with modern functionality & no capital improvements required. Positioned in the town's most desirable downtown district, the property benefits from strong year-round foot traffic, proximity to the Beach, Marina, & 1 Blk to VIA Rail station (1 hr to Toronto) or 401 (100 km to Toronto) A growing local economy supported by tourism & regional commuters & many households being added with new construction. Commercial Income: 1161 + 700 sq ft in LL of MN FL Retail space on 2nd Year of a 3-year lease. Longstanding retail location (formerly a salon for 22 years), now home to a successful clothing & specialty retailer. Bright storefront, large display windows, high ceilings, flexible open layout Roughed-in plumbing in place for future salon or service-based use. Full walkout basement generating additional utility with office space, storage, laundry hookups, & 2-piece bath. Residential Income: 2054 SQ FT upper floors. Three separately metered, long-term tenanted apartments accessed by Private Front entrance, ensuring clear separation from commercial operations. Investor-Friendly Features: 4 separate entrances for ease of access & tenant privacy Rear parking with 3 dedicated spaces plus nearby public parking. Potential value-add through rear expansion or deck/patio addition. Income & expense statements available. Turnkey Income. Cap Rate: 6% A rare chance to acquire a hands-off, stabilized asset in a destination market with strong fundamentals, consistent rental demand, and upside through future growth-all within a manageable drive or train ride from Toronto.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12641452
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	4,390 sq ft
Beds / Baths	0 bed · 5 bath
Neighbourhood	Cobourg
City	Cobourg
Postal Code	K9A 2M1
Province	ON
Listed Date	December 18, 2025
Days on Market	231
Price per Sq Ft	$296
Brokerage	CENTURY 21 UNITED REALTY INC.