126 Garafraxa Street West Grey, Ontario N0G 1R0

2,200 ft2
None Other

$389,000

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. (id:47351)

Property Details

MLS® Number X12638586
Property Type Retail
Community Name West Grey

Building

Cooling Type None
Heating Type Other
Size Interior 2,200 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 165 Ft
Size Frontage 30 Ft
Size Irregular 30 X 165 Ft ; 30 X 165 Feet
Size Total Text 30 X 165 Ft ; 30 X 165 Feet
Zoning Description C1h

https://www.realtor.ca/real-estate/29191814/126-garafraxa-street-west-grey-west-grey