234-236 King Street, Midland, ON Image 1

$1,650,000

Commercial Retail For Sale
MLS - #S8387926
Jan 29- By ED LOWE LIMITED

234-236 King Street, Midland, ON L4R 3M2

Bed
Bath
15000 Sqft.
None Garage

Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

15000 Sqft

About 234-236 King Street

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.

Home Overview

Last updated

Jan 29

Virtual tour

None

Basement information

Building size

15000

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Hot Water
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
165000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 234-236 King Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$6301.88/ month
$1,320,000 Principal and Interest

Some information about this property - King Street

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