59 Main Street Cobden, Ontario K0J 1K0

None Forced Air


Opportunity knocks for someone looking for commercial space with your financing supplemented by rental income. The attractive building is located in a high traffic area right on main street Cobden. Building contains 3 units. Main level is the commercial unit (currently a hair salon) with two piece bathroom. Back unit is a 1 bed 1 bath rental currently rented to a long term tenant at $625/mth. The main level is heated by a gas furnace paid by landlord. Upper unit is a 2 bed 1 bath. Tenant has been there 20+ years at $425/mth plus utilities. Current rents are well below market value. Upper unit is heated with a gas wall unit. Two separate gas and hydro meters. Large city lot for possible expansion (buyer to confirm with township). Water and sewer $3600/year. Municipal taxes $2211/year. Investors could easily get $900/month + on the commercial unit. **24 HOUR NOTICE FOR SHOWINGS** (id:37742)

Property Details

MLS® Number 1240621
Property Type Multi-family
Neigbourhood John Street
Parking Space Total 2


Basement Development Not Applicable
Basement Features Slab
Basement Type Unknown (not Applicable)
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick
Fireplace Present No
Flooring Type Mixed Flooring
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Triplex
Utility Water Municipal Water




Acreage No
Sewer Municipal Sewage System
Size Depth 120 Ft ,1 In
Size Frontage 100 Ft
Size Irregular 100 Ft X 120.12 Ft
Size Total Text 100 Ft X 120.12 Ft
Zoning Description Res/commercial



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