234-236 King Street Midland, Ontario L4R 3M2

$1,650,000

  • Property Type: Retail
  • Size: 15000 sqft
  • Transaction: For sale


LOADING

15000 sqft
Fully Air Conditioned Hot Water Radiator Heat

$1,650,000

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:53889)

Property Details

MLS® Number S8387926
Property Type Retail
Community Name Midland

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Size Interior 15000 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Irregular 50.03 X 99.85 Ft
Size Total Text 50.03 X 99.85 Ft
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    Catherine Anne Lowe
    Broker of Record

    (416) 258-5568
    Ed Lowe Limited
    47 Mills Road #6
    Barrie, Ontario L4N 5H4

    (705) 726-3871
    (705) 726-8260
    https://edlowerealestate.com/

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