4 Bathroom
3,700 sqft
Partially Air Conditioned
Forced Air, Other, 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:47351)
Property Details
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MLS® Number
|
X13224008 |
|
Property Type
|
Retail |
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Community Name
|
West Grey |
Building
|
Bathroom Total
|
4 |
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Cooling Type
|
Partially Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air, Other, Radiant Heat |
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Size Interior
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3,700 Sqft |
|
Type
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Residential Commercial Mix |
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Utility Water
|
Municipal Water |
Land
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Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
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Size Depth
|
90 Ft |
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Size Frontage
|
24 Ft |
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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