$1,650,000

234-236 King St

Midland, Midland, Ontario, L4R 3M2

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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.

Property Info
MLS®: S8387926
Listing Courtesy of ED LOWE LIMITED
Total Bedrooms 0
Total Bathrooms 0
Floor Space 0 sq.ft.
Lot Size 4996 sq.ft.
Style other
Last Updated 2024-06-12
Property Type Commercial/Retail
Listed Price $1,650,000
Unit Pricing $1,650,000/sq.ft.
Strata Fee $0.00
Tax Estimate $0/Year
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