234-236 King ST Active

Midland,ON L4R 3M2

$ 1650000

- Bed

- Bath

15000 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

MLS Listing ID S8387926

Tax Year 2024

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

Region Midland

City Region Midland

Interior

Cooling Yes

Exterior

Utilities Available Available

Others

Security Features No

View More
Favorite Go Tour