268 King Street, Midland, ON L4R 3M3

  • $899,900
  • $929,900
268 King Street, Midland, ON L4R 3M3
Active For Sale
268 King Street, Midland, ON L4R 3M3
268 King Street, Midland, ON L4R 3M3
  • $899,900
  • $929,900

Overview

Property ID: HZS8304202
  • Investment, Commercial Sale
  • Property Type
  • 3552
  • Sqft

Description

Land and Building only. This fully-leased commercial building in Downtown Midland, located in the vibrant setting of Georgian Bay, presents an exceptional investment opportunity. The property comprises three units, with a main floor housing a thriving Health Food Store and two residential units above. These apartments include a spacious 3-bedroom, 2-bathroom unit and a comfortable 2-bedroom, 2-bathroom unit, ensuring a diverse and stable rental income stream. With its current rents and long-term lease agreements, this property offers a compelling return on investment that is expected to endure for years to come. The building enjoys prominent visibility along King St and access from Hugel Ave, attracting high volumes of both drive-by and walk-in traffic. Its strategic location in the heart of the downtown core positions it for continued growth and success. Furthermore, the recent complete renewal of the streetscape in 2020 by the Town of Midland enhances the property’s appeal and value. This, coupled with Midland’s reputation as a fast-growing and picturesque town, makes this property a highly desirable asset for any investor looking for long-term rental income in a thriving community.

  • Address 268 King Street
  • City Midland
  • State/county ON
  • Zip/Postal Code L4R 3M3

Details

Updated on October 19, 2024 at 5:52 pm
  • Property ID: HZS8304202
  • Price: $899,900
  • Property Size: 3552 Sqft
  • Garage Size: x x
  • Property Type: Investment, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Utilities: Yes
  • Cooling: No
  • County: Simcoe
  • Property Type: Commercial Sale

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