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MLS® X13880260
Cobourg, ON
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.
Exclusions
kitchen equipment, exhaust system, stoves, ovens, and fryers, dining equipment, tables and chairs.
Broker
COLDWELL BANKER - R.M.R Real Estate
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Commercial Retail
38 Covert Street Cobourg
Cobourg
Type
Commercial Retail
Parking
None
Property Tax
~$6,696/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
3156 sqft
Parking
None
Finances
List Price
$889,000
Price per SQFT
$282/sqft
Property Tax
~$6,696/yr
Property Specs
Property Type
Commercial Retail
MLS Size
3156 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
Cobourg
Listed On
Oct 9, 2026
Days on Market
Current: 29 days
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