131-133 Garafraxa Street S, West Grey, ON N0G 1R0

About this property

Welcome to 131-133 Garafraxa Street South, an intriguing investment opportunity in downtown Durham, in the heart of Grey County. The property is widely known, and fondly remembered locally as the home of 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 offered a full stage, complete with a professional lighting and sound system, which regularly played host to theatrical and musical performances. For an interested buyer, there is a turnkey opportunity to re-open the Cafe (which public sentiment suggests would be warmly welcomed), as all of the operating assets remain on the premises and are included in the sale. But if operating a cafe isn't for you, fear not! 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 zoning bylaw details), from business/professional office space 0r a medical clinic, to a bakery or a specialty food or other retail store. 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 walkout to a private, fenced backyard. 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.

Property facts & features

Property type

Store W Apt/Office

MLS® number

X13848362

Source status

New

Bedrooms

Not provided

Bathrooms

Not provided

Reported interior area

2743

Neighbourhood

Not provided

Postal code

N0G 1R0

Garage

None

Lot depth (source units)

94.06

Annual property tax

3934.2

Basement

Not provided

Laundry

Not provided

Interior features

Not provided

Exterior features

Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

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