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126 Garafraxa Street N West Grey, Ontario N0G 1R0

2200 sqft
Other

$425,000

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:41954)

Property Details

MLS® Number X12229925
Property Type Retail
Community Name West Grey
Farm Type Other

Building

Heating Type Other
Size Interior 2200 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 165 Ft
Size Frontage 30 Ft
Size Irregular Unit=30 X 165 Ft
Size Total Text Unit=30 X 165 Ft
Zoning Description C1h

https://www.realtor.ca/real-estate/28487773/126-garafraxa-street-n-west-grey-west-grey

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