126 Garafraxa Street N, Durham, ON, N0G 1R0
$389,000MLS® # 40794183
Commercial For Sale In Durham, Ontario
Property Information:
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.Upstairs $1600 Main floor $1200 Basement $1000 Side retail $700 Storage $800 (Potential income )Utilities: $700/Month
Building Features:
- Floor Space: 2200 Square Feet
Property Features:
- Bedrooms: 0
- Acres Range: < 0.5
- Basement: Full
- Floor Space (approx): 2200 Square Feet
- Lot Depth: 165 Feet
- Lot Features: Other
- Lot Frontage: 30.00 Feet
- Water Source: Municipal
- Zoning: C1H
- Sewer: Sewer (Municipal)
Courtesy of: Luxe Home Town Realty Inc
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