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Description
Prime Corner location - high visibility at Highway 6 and Grey Road 4 in Durham. Attractive façade has been updated with timber accents and sleek black finishes. Main level commercial space is bright, features high ceilings and is home to Studio L.G Aesthetics. There are 3 residential apartments on the 2nd level, all in good condition and home to excellent tenants. There is potential for an additional street-level commercial space with a separate access off Grey Road 4 (Lambton Street). Natural gas hot water boiler, heat pump, updated windows and hot water tanks, 5 separate hydro meters. There is a full basement for additional storage. Building is in great condition and is a good opportunity for a new or seasoned investor with approximately 7% cap rate. Financials and additional information available. (id:62650)
- X13224008
Prop ID
- 4
Bathrooms
Property Documents
Property Overview
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Property ID HREG-X13224008
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Price $489,000
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Bathrooms 4
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Property Status Active
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Property Type Retail, Commercial Sale
Energy Ratings
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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