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    For Sale - 131-133 Garafraxa Street, West Grey, Ontario

    Est payment $2,304/mo
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    Time on Jump  59 day

    AI Summary *

    • Versatile property with both retail space and a spacious residential suite.
    • High ceilings and updated mechanicals in a prime downtown location.
    • Zoned for multiple business options, ideal for various entrepreneurial ventures.
    • Separate entrance for the apartment with a private fenced backyard.
    • Turnkey opportunity to reopen a popular cafe with all assets negotiable.




    Welcome to 131-133 garafraxa street south, a storefront/retail/office space plus 3 bedroom residential suite in downtown durham, in the heart of grey county. This impressive property, with its high ceilings, updated mechanicals and ideal central location with plenty of vehicle and pedestrian traffic, offers a wide range of options 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 or a medical clinic, to a bakery or a specialty food or other retail store. For several years, 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 musical and theatrical performances, and other events. For an interested buyer, this could be a turnkey opportunity to reopen the cafe, as all of the operating assets (see list in documents tab.)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 bathroom 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, as the property is built into a hillside, it also has a walkout to a private, fenced backyard. Currently owner-occupied, it can be vacant upon 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.
    Listing IDX12748312
    Address131-133 Garafraxa Street
    CityWest Grey, Ontario
    Price$479,900
    StyleStore W Apt/Office
    Land Size2411
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeBasement 1Heating / Cooling Gas Hot Water

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    Listing Agency:  Century 21 Millennium Inc.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    131-133 Garafraxa Street
    West Grey , Ontario
    $479,900
    Get more info