haho.ca
$489,000
For sale

203 Garafraxa Street, West Grey - Business for Sale

203 Garafraxa Street, West Grey, Ontario, N0G1R0

8 parking1,470 ft²Listed 162 days ago
Overview

This business in West Grey is for sale offering roughly 1,470 sq ft of space.

Description

Commercial property on prominent corner on Highway 6 in Durham, ON. Zoned C1 with permitted uses including professional office, tavern, retail, medical clinic and more. There is lots of paved parking with access on Saddler St E. The building is approximately 1500 square feet and is heated by a heat pump inverter ducted heating/cooling system with wi-fi thermostat for remote monitoring. Easily accessible for clientele with ground level entry at the front and back of the building. Located across the road from a busy gas station and restaurant, there are many business ventures that would be successful at this location. The building is currently used as a laundromat, and the seller would consider including the business with the sale of the property. (id:66096)

Property Details

MLS®
X13176882
Property Type
Business
Business Type
Special Purpose
Zoning
C1
Parking
8
Interior Size
1,470 ft²
Lot Size
5,227 sq ft (0.12 ac)
Frontage
65 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$3,219.6/yr
Listed
162 days ago

Services

Water
Municipal water
Sewer
Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
162d
West Grey listings, avg age
92d
Price / ft²
$333
List price
$489K

Long Listed: 162 days on market, against an average age of 92 days across the listings currently for sale in this city

Homes here sell slower than most markets

Sold homes in this market spent an average of 70 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in West Grey is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by Royal LePage RCR Realty · CARRIE RUSSELL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0G)

This home lists at $489,000, about 5.9× the local median household income of $83,000.

Carrying it typically needs a household income of about $95,519 (20% down, 25-yr amortization, stress-tested) — roughly 15% above the area median.

Median household income
$83,000
Population
86,935
Median age
40.8
Owner / renter
80% / 20%
Avg. household size
2.6

Source: Statistics Canada, 2021 Census (FSA N0G)

$489,000· $333/ft²
For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

By requesting this showing you agree that haho.ca and the local agent who follows up may contact you about this and similar properties. Unsubscribe from any message.

Your details go only to the agent who follows up. No spam, unsubscribe anytime.

Financing

Buying this business?

Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.

Ask about acquisition financing →

$489,000

West Grey

Book a showing