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.
| MLS # | X13224008 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 100 |
| Listing Provided By | Royal LePage RCR Realty | X13224008 571602 |
| Bath(s) | 4 |
|---|---|
| SQ Feet | 3,700 |
| Acreage | 0.08 |
| Cooling | Partial |
|---|
| Security Features | No |
|---|
| Utilities | Yes |
|---|---|
| Sewer | Sanitary |
| Tax Annual Amount | 3934.19 |
|---|---|
| Tax Assessed Value | 189000 |
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Grey County |
| City | West Grey |
| Postal Code | N0G 1R0 |
| Area | West Grey |
| Listing VS Median (in N0G 1R0) | |
Price: $489,000 low | high Med: $489,000 sqft: 3,700 low | high Med: 1,470 $ / sqft: $132 low | high Med: $333 On site: 100 low | high Med: 106 | |
| Province | ON |
|---|---|
| Region | Grey County |
| City | West Grey |
| Postal Code | N0G 1R0 |
| Area | West Grey |
| Listing VS Median (in N0G 1R0) | |
Price: $489,000 low | high Med: $489,000 sqft: 3,700 low | high Med: 1,470 $ / sqft: $132 low | high Med: $333 On site: 100 low | high Med: 106 | |