For Sale

1025 Elgin Street, Cobourg, Ontario K9A5W4

$349,000

1025 Elgin Street, Cobourg, Ontario K9A5W4 is For Sale and has a listing price of 349,000. The property is located in the Cobourg neighbourhood. It's been on the website for 21 Days.

  • Business
    Property Type
  • MLS ID: X9508826
  • Office Name HOMELIFE/MIRACLE REALTY LTD
Property Description

Excellent Turned Key Fat Bastard Burrito Business For Sale in Cobourg. Located at the busy intersection of Burnham St & Elgin St W. Steps Away From Northumberland Mall. Great Opportunity To Own A Successful And Profitable Burrito Store! Good Volume Burrito Store Located In A Very Busy Residential Area. Current Owner Had Newly Built This Location And It Has Been Performing Excellent Since It Started In 2023. Excellent Current Sales. Weekly Sales: Approx. $8,000-$9,000, Low Rent of $3578.5 (including TMI) monthly With Long Lease Until May 2033 + 5 years + 5 years option to renew, Royalty: 8%, Advertising: 2%, Labour Cost: 20%. Employees 2 FT & 2 PT. Not To Be Missed! Open 7 Days A Week. **** EXTRAS **** Weekly Sales: Approx $8,000-$9,000, Low Rent of $3578.5 (including TMI) monthly, Royalty: 8%, Advertising: 2%, Labour Cost: 20% and Store Area: 1,022 sqft. (id:43137)

Property Details
  • MLS ID: X9508826
  • Price: $349,000
  • Transaction Types: For Sale
  • Ref ID: 27575924
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
10/24/2024 X9508826 $349,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cobourg
  • $785,078 Average List Price
    based on 1 year
  • 97 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 75.94 % Up
  • Sold (12mo) 217
  • Rented (12mo) 85

  • 1 Month Change -7.5%
  • 3 Month Change -2.3%
  • 6 Month Change -0.2%
Walkscore
  • 76 Walk Score
    Very Walkable
  • 79 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    75.17%
  • Commercial
    8.48%
  • Condo
    14.11%
  • Land for Sale
    2.24%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 24/10/2024 00:00:00
  • Zoning Single Family Residential
  • Agent Name: RAJNISH GARG
  • Last Updated: 24/10/2024 14:50:31
Open House Dates
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