26
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$1,650,000
Est. payment /mo
15,000 SqFt
Active
234-236 King ST Midland, ON L4R 3M2
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UPDATED:
01/29/2025 04:54 PM
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