113, 119, 123 Garafraxa Street
Chatsworth, N0H 1G0
FOR SALE
$938,000
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Commercial Retail
CATEGORY 900 Sq Ft
OFFICE/APT AREA X13089808
MLSID Contact Us
Property Description
Prime Investment Opportunity on the Busy Hwy 6 & Hwy 10 Corner in Growing Chatsworth! Exceptional high-visibility corner property (just under half an acre) located right at the intersection of Hwy 6 and Hwy 10 with 25,000-30,000 cars passing daily. This package includes 3 separate buildings plus ample parking for 20+ vehicles, offering immediate cash flow and outstanding redevelopment potential for investors or end users.The main 1,800 sq ft commercial building is perfectly set up for a restaurant with seating for 30-40, two restrooms. It includes two industrial exhaust fans and other commercial kitchen equipment. Multiple renovations have already been completed - just add your finishing touches to open for business. Above the commercial space is a 2 bdrm, 2 bath loft apartment. In addition, there is a solid 2-storey duplex with single car garage. All buildings have forced air gas heat and are on municipal water. The stone house offers extra rental income or can be torn down for new multi-residential or additional commercial construction. Buyers to do their own due diligence! This is a rare opportunity to own a high-traffic highway corner with proven rental upside, strong existing income potential from the restaurant and residential units, and room to expand. New community centre being built adjacent to the property. Ideal live/work/invest package in a growing area. Sold as is, where is. Don't miss out! See Branded Video
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Property Details
Address
113, 119, 123 Garafraxa Street
Community
City
Postal Code
N0H 1G0
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
C1 & R2
Lot Size
157' x 198'
Office Area
900 Sq Ft
Retail Area
1,800 Sq Ft
Acreage
0.4 Feet
Taxes
$3,766 (2025
Heat Type
Gas Forced Air Open
Heat Source
Gas
Water
Municipal
Garage Type
Covered
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Listing contracted with Re/Max Realty Services Inc.
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