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38 COVERT STREET, Cobourg, Ontario, K9A2L6

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For sale, ID#: X13880260
38 COVERT STREET
Cobourg Ontario
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$889,000

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. (id:2471)

Representative
Ricardo Melendro
Ricardo MelendroDND-IRP Registered Sales Representative
Royal LePage ProAlliance Realty Brokerage - Trenton
Property Details
  • Property Address: 38 COVERT STREET, Cobourg, Ontario, K9A2L6
  • Community Name: Cobourg
  • Property Type: Retail
  • Zoning Description: Mc Main Central Commercial
  • Lot Size: 46 x 146 FT
  • Acreage: 46 x 146 FT
  • Sewage Type: Sanitary sewer
  • Water Type: Municipal water
Structure Details
  • Floor Space: 3156 sqft
  • Heating Type: Natural gas, Forced air
  • Cooling: Fully air conditioned
Neighbourhood Information

Listing Office: COLDWELL BANKER - R.M.R Real Estate

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38 COVERT STREET, Cobourg, Ontario, K9A2L6
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