$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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| COLDWELL BANKER - R.M.R Real Estate |
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|
Edward Matar
Sales Representative
Dir:
416-917-6343
Bus:
416-745-2300
Fax:
416-745-1952
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Northumberland |
| Municipality: | Cobourg |
| Neighbourhood: | Cobourg |
| Tax: | $6,696 |
| Fireplace: | N |
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