705 GARAFRAXA Street N, DURHAM

2024-08-03
 

Quick Summary

Location
705 GARAFRAXA Street N, DURHAM, Ontario N0G1R0
Price
$1,195,000 CAD
Status:
For Sale
Property Type:
Industrial
Area:
13000ft2
Brochure Link:

MLS®#40629214

Property Description

Vendor take-back mortgage available! Unlock the potential of this 1.828-acre industrial property. Currently featuring 6000 SF of industrial space, 3500 SF of storage/office space and an additional 3500 SF ft on the second floor best suited for offices, retail, or residential units. Zoned M1-150, this unique property permits 2900 SF of residential space within the building in addition to over 30 permitted uses such as any manufacturing, processing, assembly, repair, fabricating, milling, professional offices, brewery and storage. The electrical system was upgraded in 2012 to 3-phase 600-volt 400-amp service. Currently utilized for a carpentry business. The roof was redone in 2012 over the industrial/warehouse space, this portion of the building boasts 14 ft ceilings with approximately 12 ft clearance, equipped with natural gas infrared tube heaters. The property provides ample parking, excellent highway exposure and option to sever land. The building requires some TLC, renovate to suit your business needs! (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Schools

Building

  • Basement Type: None
  • Exterior Finish: Aluminum siding, Brick, Concrete
  • Fireplace: No
  • Interior Size: 13000 sqft
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Visual exposure, Paved driveway

Land

  • Land Size: 1.828 ac|1/2 - 1.99 acres
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: M1-150

Information entered by Royal LePage Locations North (Meaford), Brokerage
Listing information last updated on: 2024-08-07 14:41:51


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$500,000

Your One Percent Realty Commission savings

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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