262 King St - Storefront Retail/Residential FOR SALE


Midland, ON L4R 3M3
$549,900 CAD
905-917-2051
262 King St, Midland, ON for Sale
$549,900 CAD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

262 King St
Midland, ON L4R 3M3


OVERVIEW

Power of Sale. Prime Investment Opportunity. Fully occupied/stabilized commercial/retail asset with rental upside. Located in Downtown Midland. Steady cashflow assets, 7% cap rate on existing income. Premium Cannabis retail store and 2 residential 1 BD units above. 3 Dedicated parking spots. Lots of walking and vehicular traffic. Excellent signage on busy downtown. Fast growing market of Midland ON just off the Georgian Bay.

FOR SALE DETAILS

PRICE

$549,900 CAD

PRICE/SF

$202 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

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

DC-F2

APN/PARCEL ID

437401000201300

ASK ABOUT THIS PROPERTY

Cole BraithwaiteLennard Commercial RealtyMore Info
905-917-2051

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Cole BraithwaiteLennard Commercial RealtyMore Info
905-917-2051

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