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$889,000

38 Covert St

Cobourg, ON K9A 2L6

38 Covert St, Cobourg — Listed at $889,000 Commercial Retail. MLS® X13880260.

New this week

Possession · seller's timeline

Immediate

80%
Hospitality/Food Related
Commercial Retail
$6,696Taxes/yr · 2025

Description

38 Covert Street offers a strategic investment opportunity in the heart of downtown Cobourg. Well-known as the long time home of the Cat and Fiddle restaurant this 3156 square foot MC zoned building provides strong commercial versatility and excellent potential for value growth. Its location in Cobourg's thriving core supports a wide range of future uses making it appealing for both owner operators and long term investors. The main floor features a full commercial kitchen and a pub style dining area with a classic bar creating an immediate opportunity for continued restaurant or hospitality operations. The second level includes a cold prep kitchen, a private dining room, an office, and a large flexible space suitable for events overflow, dining, or potential residential conversion subject to municipal approvals. Two spacious washrooms serve the upper level. A large outdoor patio enhances seasonal revenue potential and adds strong curb appeal. While kitchen and dining equipment are not included in the offering they are negotiable allowing buyers to decide between a turnkey food service option or a redevelopment strategy. The MC zoning supports a variety of commercial and mixed use configurations and buyers may explore creating two upper level apartments while maintaining commercial use on the main floor in consultation with the planning department. With its established reputation, high-visibility, flexible zoning, and strong demand for quality commercial space in downtown Cobourg this property presents an exceptional opportunity for investors seeking stability future redevelopment options or income producing potential, in a prime location.

Property Details

Property TypeCommercial Retail
CommunityCobourg
Lot Dimensions46 × 146 ft
Dir/Cross StCovert And George St
Garage TypeNone
Heating TypeGas Forced Air Closed
A/CYes
SewersSanitary
Taxes (2025)$6,696
HSTIn Addition To
SecurityNo
Listed Date10/9/2026
Days on Market5 days
PossessionTBD

Business Details

Property Sub-TypeCommercial Retail
Business TypeHospitality/Food Related
Property UseMulti-Use
Occupant TypeVacant
Seating Capacity90
Showing RequirementsShowing System, List Salesperson
Possession TypeImmediate
Listing Expires4/9/2027

Commercial Space & Financials

Retail Area80 %

Industrial Specifications

Clear Height8'
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: COLDWELL BANKER - R.M.R. Real Estate

MLS® #X13880260

TRREBMLS®

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