126 Garafraxa St N West Grey, Ontario N0G 1R0

2200 sqft


CASH COW!!! !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 from 2 residential units , Dentistry & Massage Parlour. Features approximately 600 sq. ft. and 240 sq. ft. store fronts. 2nd floor 3 bedroom apartment approx. 1000 sq. ft. and1 bedroom 400 sqft. Walk out basement is undeveloped and has potential to generate around $1200/month. R.O.W. road access behind building. Property and building selling 'As Is'. Heat approximately $142 per month and hydro approximately $146 per month. Rental from full property around -$4,700.00 (Includes Garage rental worth $250.00). Vacant possession of residential units is possible. Perfect opportunity for investors for positive cash flow...**** EXTRAS **** New Metal Roof, Boiler Heat. (id:51300)

Property Details

MLS® Number X7204570
Property Type Retail
Neigbourhood Durham
Community Name Durham


Size Interior 2200 Sqft
Utility Water Municipal Water


Acreage No
Size Irregular Unit=30 X 165 Ft
Size Total Text Unit=30 X 165 Ft


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