C$889,000

38 Covert Street offers a prime investment opportunity in the heart of downtown Cobourg. Long known as the home of the Cat and Fiddle and one of the area's few quintessential British-style pubs, this 3,156 sq. ft. MC-zoned building offers exceptional versatility and redevelopment potential. The main floor features a full commercial kitchen, traditional pub-style dining area, and classic bar, while the upper level includes a prep kitchen, private dining room, office, and flexible space that may suit events, additional dining, or potential residential conversion, subject to approvals. Two washrooms serve the upper level. A large patio enhances seasonal revenue potential. Equipment is negotiable. The MC zoning permits a variety of commercial and mixed-use opportunities, including the potential for upper-level residential units, and the property may qualify for Downtown Cobourg revitalization incentive programs, subject to eligibility. With its established reputation, high-visibility location, flexible zoning, and strong redevelopment potential, this is a rare opportunity in Cobourg's vibrant downtown core. (id:41202)