$449,900
Available - For Sale
Listing ID: X13848362
131-133 Garafraxa Street South , West Grey, N0G 1R0, Grey County
| Welcome to 131-133 Garafraxa Street South, an intriguing investment opportunity in downtown Durham, in the heart of Grey County. The property is widely known, and fondly remembered locally as the home of the Garafraxa Cafe, a coffee bar/pub providing a comfortable and popular gathering place for local residents and tourists alike. The Cafe served a variety of 'lite bites", and an assortment of specialty coffees and locally crafted beers, ciders and wines. It also offered a full stage, complete with a professional lighting and sound system, which regularly played host to theatrical and musical performances. For an interested buyer, there is a turnkey opportunity to re-open the Cafe (which public sentiment suggests would be warmly welcomed), as all of the operating assets remain on the premises and are included in the sale. But if operating a cafe isn't for you, fear not! This impressive property, with its high ceilings, updated mechanicals and ideal central location with plenty of vehicle and pedestrian traffic, offers a host of other opportunities for either an investor/landlord or an owner/operator. Zoned C1 - General Commercial, the property is eligible for a variety of permitted uses (See Documents tab for zoning bylaw details), from business/professional office space 0r a medical clinic, to a bakery or a specialty food or other retail store. Complementing the street level, the second floor features a spacious 3 bedroom, 1-1/2 bath apartment, flooded with natural light from 3 sides, as the property to the north is only 1 storey. The apartment has a separate entrance from the street and a walkout to a private, fenced backyard. Currently owner-occupied, it will be vacant on closing, so you can live in, or enjoy a secondary source of rental income at market rates. This property must be seen to be fully appreciated. |
| Price | $449,900 |
| Taxes: | $3934.20 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 131-133 Garafraxa Street South , West Grey, N0G 1R0, Grey County |
| Postal Code: | N0G 1R0 |
| Province/State: | Grey County |
| Legal Description: | PT LT 11 E/S GARAFRAXA RD PL 500 DURHAM |
| Directions/Cross Streets: | Garafraxa Street (Highway 6) and Lambton Street (Grey Rd. 4). |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 2743.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1522 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Franchise: | F |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Partial |
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| Century 21 Millennium Inc. |
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Dir:
416-901-9881
Bus:
416-901-8881
Fax:
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Grey County |
| Municipality: | West Grey |
| Neighbourhood: | West Grey |
| Tax: | $3,934.2 |
| Fireplace: | N |
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