505 King Street Midland, Ontario L4R 3N5

4125 sqft

$1,395,000

Here's your chance to own a property that generates passive income. The property is about .25 acres and has an existing building with a wine store and restaurant on the main floor as well as a spacious 2 bedroom apartment above. There is parking along the side and off the back with access from both King Street and Nelson Street. It's in a high traffic area near the downtown core. *** This is land and building only. Existing businesses and tenant will remain *** Seller also owns #509 King Street, right next door so you could buy and own both properties. (id:47351)

Property Details

MLS® Number 40643577
Property Type Office
AmenitiesNearBy Hospital, Public Transit, Schools
CommunicationType High Speed Internet
CommunityFeatures High Traffic Area
Features Southern Exposure

Building

BasementType None
ConstructionMaterial Concrete Block, Concrete Walls
ExteriorFinish Concrete, Vinyl Siding
StoriesTotal 2
SizeExterior 4125.0000
SizeInterior 4125 Sqft
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
LandAmenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 165 Ft
SizeFrontage 66 Ft
SizeIrregular 0.25
SizeTotal 0.25 Ac|under 1/2 Acre
SizeTotalText 0.25 Ac|under 1/2 Acre
ZoningDescription Hc

Utilities

Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/27415944/505-king-street-midland