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105 Garafraxa Street S West Grey, Ontario N0G 1R0

Central Air Conditioning Forced Air, Heat Pump, Radiant Heat

$489,000

Prime Corner location - high visibility at Highway 6 and Grey Road 4 in Durham. Attractive façade has been updated with timber accents and sleek black finishes. Main level commercial space is bright, features high ceilings and is home to Studio L.G Aesthetics. There are 3 residential apartments on the 2nd level, all in good condition and home to excellent tenants. There is potential for an additional street-level commercial space with a separate access off Grey Road 4 (Lambton Street). Natural gas hot water boiler, heat pump, updated windows and hot water tanks, 5 separate hydro meters. There is a full basement for additional storage. Building is in great condition and is a good opportunity for a new or seasoned investor with approximately 7% cap rate. Financials and additional information available. (id:8282)

Property Details

MLS® Number X13224016
Property Type Multi-family
Community Name West Grey

Building

BathroomTotal 4
BedroomsAboveGround 4
BedroomsTotal 4
Amenities Separate Electricity Meters
Appliances Stove, Refrigerator
BasementDevelopment Unfinished
BasementType Full (unfinished)
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Stone
HalfBathTotal 1
HeatingFuel Electric, Natural Gas
HeatingType Forced Air, Heat Pump, Radiant Heat
StoriesTotal 2
SizeInterior 3,500 - 5,000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage
Street

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 90 Ft
SizeFrontage 24 Ft
SizeIrregular 24 X 90 Ft
SizeTotalText 24 X 90 Ft|under 1/2 Acre
ZoningDescription C1

Utilities

Cable Available
Electricity Installed
Sewer Installed

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