Midland, ON L4R 3M2,234-236 King ST
Midland, ON L4R 3M2,234-236 King ST
Midland, ON L4R 3M2,234-236 King ST
Midland, ON L4R 3M2,234-236 King ST
Midland, ON L4R 3M2,234-236 King ST
Midland, ON L4R 3M2,234-236 King ST
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$ 1,650,000
Est. payment | /mo

15,000 SqFt


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$ 1,650,000
Est. payment | /mo
Save

15,000 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 15,000 sqft

Price per Sqft $110

Subdivision Midland

MLS Listing ID S8387926

Annual Tax Amount $17,015

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

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.

Location

Province ON

County Simcoe

Community Midland

Area Simcoe

Zoning DC-F2

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 50.03

Lot Depth 99.85

Others

Security Features No

Listed by ED LOWE LIMITED
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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234-236 King ST