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Tony Tompson

Sales Representative
Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$889,000
Available - For Sale
Listing ID: X13880260
38 Covert Street , Cobourg, K9A 2L6, Northumberland


38 Covert Street offers a prime investment and redevelopment opportunity in the heart of downtown Cobourg. Home to the Cat & Fiddle, a quintessential British-style pub established in 1985, this 3,156 sq. ft. building offers exceptional versatility with a commercial kitchen, traditional pub-style dining area, classic bar, and a legal 80-seat patio that drives strong seasonal revenue potential. An existing liquor license further enhances the appeal of this opportunity. The upper level includes a prep kitchen, private dining room, office and flexible space. Approved plans include the conversion of the upper floor into two residential apartments, along with ground-floor improvements including accessible washrooms and expanded dining and patio space. Previous redevelopment plans for the property have also received support through municipal revitalization programs. Zoned MC, the property permits a broad range of commercial and mixed-use opportunities, while the substantial rear portion may offer additional future development potential, subject to approvals. With its established reputation, high-visibility downtown location, flexible zoning, existing restaurant infrastructure, liquor license and redevelopment potential, this is a rare opportunity in Cobourg's vibrant downtown core. Offered for sale as the owner has stepped back from active operations and transitions toward retirement.
Price $889,000
Taxes: $6696.00
Tax Type: Annual
Occupancy: Vacant
Address: 38 Covert Street , Cobourg, K9A 2L6, Northumberland
Postal Code: K9A 2L6
Province/State: Northumberland
Legal Description: Pt Lt 10 Blk H S/S University Av And E/S
Directions/Cross Streets: Covert And George St
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 0
Washroom Type 17 0
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 0
Washroom Type 22 0
Washroom Type 23 0
Washroom Type 24 0
Washroom Type 25 0
Washroom Type 26 0
Washroom Type 27 0
Washroom Type 28 0
Washroom Type 29 0
Washroom Type 30 0
Washroom Type 31 0
Washroom Type 32 0
Washroom Type 33 0
Washroom Type 34 0
Washroom Type 35 0
Washroom Type 36 0
Washroom Type 37 0
Washroom Type 38 0
Washroom Type 39 0
Washroom Type 40 0
Category: Multi-Use
Use: Hospitality/Food Related
Building Percentage: T
Total Area: 3156.00
Total Area Code:  Square Feet
Office/Appartment Area: 20
Office/Appartment Area Code: %
Retail Area Code: %
Seats: 90
Sprinklers: No
Washrooms: 0
Rail: N
Clear Height Feet: 8
Grade Level Shipping Doors #: 1
Height Feet: 7
Width Feet: 3
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLDWELL BANKER - R.M.R Real Estate
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At a Glance:
Type: Com - Commercial Retail
Area: Northumberland
Municipality: Cobourg
Neighbourhood: Cobourg
Style:
Lot Size: x 146.00(Feet)
Approximate Age:
Tax: $6,696
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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