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.
| MLS # | X13880260 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 33 |
| Listing Provided By | COLDWELL BANKER - R.M.R Real Estate | Paul Lang |
| SQ Feet | 3,156 |
|---|---|
| Zoning | Mc Main Central Commercial |
| Acreage | 0.07 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Yes |
| Rooms Total | 0 |
| Security Features | No |
|---|
| Utilities | Yes |
|---|---|
| Sewer | Sanitary |
| Tax Annual Amount | 6696 |
|---|---|
| Tax Book Number | 142100011009700 |
| Tax Type | Annual |
| Tax Legal Description | Pt Lt 10 Blk H S/S University Av And E/S George St |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Northumberland |
| City | Cobourg |
| Postal Code | K9A 2L6 |
| Area | Cobourg |
| Listing VS Median (in K9A 2L6) | |
Price: $889,000 low | high Med: $444,510 sqft: 3,156 low | high Med: 3,141 $ / sqft: $282 low | high Med: $141 On site: 33 low | high Med: 61 | |
| Province | ON |
|---|---|
| County | Northumberland |
| City | Cobourg |
| Postal Code | K9A 2L6 |
| Area | Cobourg |
| Listing VS Median (in K9A 2L6) | |
Price: $889,000 low | high Med: $444,510 sqft: 3,156 low | high Med: 3,141 $ / sqft: $282 low | high Med: $141 On site: 33 low | high Med: 61 | |