234-236 KING STREET, MIDLAND

2024-05-30
 

Quick Summary

Location
234-236 KING STREET, MIDLAND, Ontario L4R3M2
Price
$1,650,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
15000ft2
Brochure Link:

MLS®#S8387926

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. (id:32467)

Property Features

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 15000 sqft
  • Utility Water: Municipal water

Land

  • Land Size: 50.03 x 99.85 FT

Zoning

  • Description: DC-F2

Information entered by ED LOWE LIMITED
Listing information last updated on: 2024-10-16 16:31:06


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