Commercial/retail For Sale - 234-236 King St, Midland, Ontario L4R 3M2

location_on 234-236 King St, Midland

Commercial/retail

234-236 King St

Midland, Ontario L4R 3M2

$1,650,000

For Sale

Property Information

Great redevelopment opportunity. Corner lot with lots of exposure. Main floor has 2 vacant commercial units, the larger is divisible to maximize an income. Upgrade floor and new storefront windows. The other 2 floors ready to be renovated with floor plans showing the following 12 – 18 units. 2nd floor has 5 – 1 bedroom units with a study and a 1 bedroom unit. The second floor with the bedrooms and a study being built on a mezzanine with a view down below to the living/dining room area. The 3rd floor has 6 – bedroom units. 18 units possible building in an additional floor with 6 units/floor. 400 amp single phase hydro service and a 200 amp hydro service. Roof replaced approx.12 years ago. The Town of Midland has just finished a Downtown Revitalization Program which makes the location appealing for downtown shopping. Town dock, marina and Trans Canada Trail is located 2 blocks away at the end of King Street.

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : S8387926
Price : $1,650,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 174
Address
Postal Code : L4R 3M2
City : Midland
Street : King
Street Number : 234-236
Street Suffix : St
Floor Number : 0
Longitude : W80° 6' 48.1''
Latitude : N44° 45' 3.5''
Features
Heating System : Gas Hot Water
Brokerage
Office Name : ED LOWE LIMITED
Extra Information
Air Conditioning : Y
Area : Simcoe
living_area : 0
living_area_unit : Sqft
Community : Midland
Lease : Sale
Tax Year : 2024

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234-236 King St Midland, Ontario L4R 3M2