$479,900
Available - For Sale
Listing ID: X10436359
131-133 GARAFRAXA Street South , West Grey, N0G 1R0, Grey County
| Welcome to 131-133 Garafraxa Street South, an exciting investment opportunity in downtown Durham, in the heart of Grey County. Most recently operated as a cafe, 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 details), from business/professional office space or a medical clinic, to a bakery, or a specialty food or other retail store. For several years prior to the pandemic, the property had been home to 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 included a full stage, complete with a professional lighting and sound system, which regularly played host to theatrical and musical performances. For an interested buyer, this could be a turnkey opportunity to re-open the Cafe, as all of the operating assets (see list in documents file) remain on the premises and, while excluded from the listing price, are negotiable. 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 private, fenced back yard. 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 | $479,900 |
| Taxes: | $3509.59 |
| Tax Type: | Unknow |
| Assessment: | $162000 |
| Assessment Year: | 2024 |
| 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 |
| Lot Size: | 25.00 x 94.06 (Feet) |
| Directions/Cross Streets: | Property is on the east side of Garafraxa Street South, in the first block south of the main interse |
| 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 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 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: | 1221 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Hours Open: | 0 |
| Employees #: | 0 |
| Seats: | 0 |
| LLBO: | N |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Unknown |
| Central Air Conditioning: | Unknown |
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| Century 21 Millennium Inc., Brokerage (Thornbury) |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Grey County |
| Municipality: | West Grey |
| Neighbourhood: | West Grey |
| Lot Size: | 25.00 x 94.06(Feet) |
| Tax: | $3,509.59 |
| Fireplace: | N |
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