ON > Grey County > West Grey
Grey County, ON N0G 1R0,131-133 GARAFRAXA ST S
Grey County, ON N0G 1R0,131-133 GARAFRAXA ST S
Grey County, ON N0G 1R0,131-133 GARAFRAXA ST S
Grey County, ON N0G 1R0,131-133 GARAFRAXA ST S
Grey County, ON N0G 1R0,131-133 GARAFRAXA ST S
Grey County, ON N0G 1R0,131-133 GARAFRAXA ST S
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 479,900
Est. payment | /mo

2,743 SqFt

Save Virtual Tour
$ 479,900
Est. payment | /mo
Save Virtual Tour

2,743 SqFt

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,743 sqft

Price per Sqft $174

Subdivision West Grey

MLS Listing ID X10436359

Annual Tax Amount $3,509

Tax Year 2023

Property Sub-Type Store W Apt/Office

Property Description

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.

Location

Province ON

County Grey County

Community West Grey

Area Grey County

Rooms

Kitchen 0

Interior

Cooling Unknown

Exterior

Utilities Available Unknown

Waterfront Description None

Lot Frontage 25.0

Lot Depth 94.06

Building

New Construction false

Others

Security Features No

ParcelsYN No

Virtual Tour https://sites.elevatedphotos.ca/133garafraxastreetsouth?mls

Listed by Century 21 Millennium Inc., Brokerage (Thornbury)
Fawad Nissari

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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