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
CoolingType
|
Fully Air Conditioned |
HeatingFuel
|
Natural Gas |
HeatingType
|
Hot Water Radiator Heat |
SizeInterior
|
15000 Sqft |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
SizeDepth
|
99 Ft ,10 In |
SizeFrontage
|
50 Ft |
SizeIrregular
|
50.03 X 99.85 Ft |
SizeTotalText
|
50.03 X 99.85 Ft |
ZoningDescription
|
Dc-f2 |