105 Garafraxa Street S West Grey, Ontario N0G 1R0

$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:42776)

Property Details

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

Building

Bathroom Total	4
Bedrooms Above Ground	4
Bedrooms Total	4
Amenities	Separate Electricity Meters
Appliances	Stove, Refrigerator
Basement Development	Unfinished
Basement Type	Full (unfinished)
Cooling Type	Central Air Conditioning
Exterior Finish	Brick
Foundation Type	Stone
Half Bath Total	1
Heating Fuel	Electric, Natural Gas
Heating Type	Forced Air, Heat Pump, Radiant Heat
Stories Total	2
Size Interior	3,500 - 5,000 Sqft
Type	Other
Utility Water	Municipal Water

Parking

No Garage
Street

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	90 Ft
Size Frontage	24 Ft
Size Irregular	24 X 90 Ft
Size Total Text	24 X 90 Ft|under 1/2 Acre
Zoning Description	C1

Utilities

Cable	Available
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/29835527/105-garafraxa-street-s-west-grey-west-grey