268 King St - Storefront Retail/Residential FOR SALE


Midland, ON L4R 3M3
$899,990 CAD
905-917-2051
268 King St, Midland, ON for Sale
$899,990 CAD
Storefront Retail/Residential - FOR SALE
1/4
null | 6.33% Cap Rate

268 King St
Midland, ON L4R 3M3


HIGHLIGHTS

  • Excellent signage on busy downtown.
  • Fast growing market of Midland ON just off the Georgian Bay.
  • Lots of walking and vehicular traffic.

OVERVIEW

Prime Investment Opportunity. Fully occupied/stabilized commercial/retail asset with rental upside. Located in Downtown Midland. 6.0% cap rate return on current income. Health Food Store and 2 residential 2 BD units above. 2 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

$899,990 CAD

PRICE/SF

$281 CAD /SF

CAP RATE

6.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,800 SF

ZONING

DC-F2

APN/PARCEL ID

437401000201600

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 Policy.