Listed by Isha Sachdeva • Luxe Home Town Realty Inc
$425,000
Est. payment /mo
2,200 SqFt
Active
126 Garafraxa Street N West Grey, ON N0G 1R0
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Key Details
Property Type Commercial
Sub Type Mixed,Building Only
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $193
MLS Listing ID 40742704
Abv Grd Liv Area 2,200
Annual Tax Amount $5,307
Property Sub-Type Mixed,Building Only
Source Mississauga
Property Description
Commercial mixed use-unit Centrally Located In The Town Of Durham, West Grey. 2 commercial unit At Ground floor And 2 Residential Uses On The Second Floor. Amazing opportunity for commercial & mixed use investors, with approx. 10% of cap rate (potential to maximize), Rental Income coming Approx $5000.00Features approximately 600 sq. ft. and 240 sq. ft. store fronts. 2nd floor 3 bedroom apartment approx.1000 sq. ft. and 1 bedroom 400 sqft. Walk out basement is finished and generating Income. R.O.W. road access behind building. Property and building selling 'As Is'. Heat approximately $142 per month and hydro approximately $146 per month. Vacant possession of residential units is possible. Perfect opportunity for investors for positive cash flow...New Metal Roof, Boiler Heat.
Location
Province ON
County Grey
Area West Grey
Zoning C1H
Direction Garafraxa St./ Lambton St.
Rooms
Basement Partial
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 30.0
Lot Depth 165.0
Garage No
Building
Lot Description Other
Faces Garafraxa St./ Lambton St.
Story 2
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 373180382
Ownership Freehold/None
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