234-236 King Street Midland, Ontario L4R 3M2
$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:47351)
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 |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50.03 X 99.85 Ft |
| SizeTotalText | 50.03 X 99.85 Ft |
| ZoningDescription | Dc-f2 |
https://www.realtor.ca/real-estate/26964757/234-236-king-street-midland-midland
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July 09 2024 03:44:37
Toronto Real Estate Board
Ed Lowe Limited