705 Garafraxa Street N

Durham, ON

MLS® 40629214

For sale
$1,195,000

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!
Property Details
Property Type
Commercial
Road Type
Paved
Community Features
Rectangular
Ample Parking
Business Centre
City Lot
High Traffic Area
Highway Access
Schools
Visual Exposure
Building
Building Type
Industrial
Building and Land
Construction Materials
Aluminum Siding
Block
Security Features
Security Gate
Sewer
Sewer (Municipal)
Stories
2
Electric
Three Phase
400 Amp Service
600 Volts
Water Source
Municipal
Building Amenities
High Speed Internet
Land
Lot Depth
217.04 ft
Lot Front
366.63 ft
Lot Size Area
1.828
Acres
0.50–1.99 Acres
Zoning
M1-150
Walk Score
Royal LePage Locations North (Meaford), Brokerage

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Listing ID: 152686763
Last Updated: 2024-09-26 16:18:45