LOADING

268 King Street Midland, Ontario L4R 3M3

3612 sqft
None Forced Air

$669,000

This Fully-Leased Commercial Building In Downtown Midland, Located In The Vibrant Setting Of Georgian Bay, Presents An Exceptional Investment Opportunity. The Property Comprises Three Units, With A Main Floor Housing A Thriving Health Food Store And Two Residential Units Above. These Apartments Include A Spacious 3-Bedroom, 2-Bathroom Unit And A Comfortable 2-Bedroom, 2-Bathroom Unit, Ensuring A Diverse And Stable Rental Income Stream. With Its Current Rents And Long-Term Lease Agreements, This Property Offers A Compelling Return On Investment That Is Expected To Endure For Years To Come. The Building Enjoys Prominent Visibility Along King St And Access From Hugel Ave, Attracting High Volumes Of Both Drive-By And Walk-In Traffic. Its Strategic Location In The Heart Of The Downtown Core Positions It For Continued Growth And Success. Furthermore, The Recent Complete Renewal Of The Streetscape In 2020 By The Town Of Midland Enhances The Property's Appeal And Value. This, Coupled With Midland's Reputation As A Fast-Growing And Picturesque Town, Makes This Property A Highly Desirable Asset For Any Investor Looking For Long-Term Rental Income In A Thriving Community. (id:48303)

Business

BusinessType Retail and Wholesale
BusinessSubType Retail misc.

Property Details

MLS® Number S12299236
Property Type Retail
Community Name Midland
AmenitiesNearBy Highway
EquipmentType Water Heater
ParkingSpaceTotal 2
RentalEquipmentType Water Heater

Building

Age 100+ Years
CoolingType None
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 3612 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway
SizeDepth 79 Ft ,10 In
SizeFrontage 24 Ft
SizeIrregular 24 X 79.9 Ft
SizeTotalText 24 X 79.9 Ft
ZoningDescription Dc-f2

https://www.realtor.ca/real-estate/28636502/268-king-street-midland-midland

Interested?

Contact us for more information


Generating Captcha

Exp Realty
4711 Yonge St 10/flr Ste B
Toronto, Ontario M2N 6K8

Exp Realty
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8

Your Favourites

 

No Favourites Found