261 King St - Storefront Retail/Residential FOR SALE


Midland, ON L4R 3M4
$629,900 CAD
705-527-7877

NO PHOTO

$629,900 CAD
Storefront Retail/Residential - FOR SALE
null | Request Cap Rate

261 King St
Midland, ON L4R 3M4


HIGHLIGHTS

  • Situated in the heart of Midland’s vibrant core, just 90 minutes from Toronto and steps from shops, dining, and Georgian Bay waterfront trails.
  • Private parking, attractive courtyard, front and rear access, and ample downtown parking for customers and tenants.
  • Both apartments and the commercial unit available for immediate occupancy—ideal for investors or owner-operators.

OVERVIEW

This 4,000 , 3 level, well cared for building has a multitude of retail and residential use options, due to its amazing location in downtown Midland. The picturesque town of Midland, being only a short 90 minute drive to Toronto, has evolved into a major tourist hub, attracting cottagers and tourist from around the globe. For the last 31 years the main retail level has been a successful ladies/mens footwear business, Shoes to Boot! The second level consists of 2 efficient one bedroom residential units. This building has been meticulously cared for and upgraded. Private parking, attractive court yard, front and back access, limitless downtown parking, and full lower level for storage. Great value for the savvy investor! Vacant possession of 2 apartments and commercial unit available.

FOR SALE DETAILS

PRICE

$629,900 CAD

PRICE/SF

$157 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

Dc-F2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Yvette RobitailleTeam Hawke RealtyMore Info
705-527-7877

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Yvette RobitailleTeam Hawke RealtyMore Info
705-527-7877

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.