$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:54532)
Property Details
| MLS® Number | X13224008 |
| Property Type | Retail |
| Community Name | West Grey |
Building
| Bathroom Total | 4 |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Other, Radiant Heat |
| Size Interior | 3,700 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
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 |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/29835241/105-garafraxa-street-s-west-grey-west-grey
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