The joint operation, carried out on Thursday, involved officers from the Cork City Divisional Drugs Unit and the Cork County North East Divisional Drugs Unit. Gardaí initially searched a business premises in Cobh before carrying out a number of follow-up searches at a separate location in Cork city.
During the searches, officers recovered suspected cocaine with an estimated street value of €484,000 and suspected cannabis valued at approximately €108,000, bringing the total estimated value of the seizure to €592,000.
The man was arrested in connection with the operation and detained under Section 2 of the Criminal Justice (Drug Trafficking) Act 1996 before being formally charged.
He is due to appear before a special sitting of Cork District Court at Anglesea Street at approximately 1.30pm today.
Gardaí said all of the suspected drugs will undergo forensic analysis as investigations into the case continue.
