$ 889,000
38 Covert Street
38 Covert Street, Cobourg, ON K9A2L6 Photo 1
33 Photos
38 Covert Street, Cobourg, ON K9A2L6 Photo 2
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38 Covert Street, Cobourg

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. (id:1945)
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Property details for 38 Covert Street, Cobourg

Type
Commercial
Living Area
3,156 square feet
Lot Size
46 x 146 FT
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Annual Taxes
$6,696

Nearby Listings Stat

Estimated price and comparable properties near 38 Covert Street

Active Listings
118
Min Price
$60,000
Max Price
$6,290,000
Avg Price
$804,826
Days on Market
68
days
Sold Listings
43
Min Sold Price
$149,000
Max Sold Price
$2,550,000
Avg Sold Price
$704,243
Days until Sold
76
days

Neighbourhood Census Data

Cobourg, Ontario

Population
464
Median Age
55.8
Median Income
$21,632
Dwelling Value
$280,247

Housing Tenure

Owners 21%
Renters 80%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.7
Pop. Density: 3,279.2/km²
Avg Shelter Cost: $1,553/mo
Owners with Mortgage: 40%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 68.6%
English only: 94.4%
English and French: 4.2%
Median Household Income: $29,120
Median Employment Income: $24,128

Price History

Listed
October 9, 2026
by COLDWELL BANKER - R.M.R. REAL ESTATE
Current Price
$889,000
Type
Commercial
For Sale
38 Covert Street

Contact Agent Get in touch about 38 Covert Street, Cobourg

PAUL LANG
COLDWELL BANKER - R.M.R. REAL ESTATE

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