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234-236 King Street Image 1

$1,650,000

May 30, 2024Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #S8387926

234-236 King Street, Midland, ON L4R 3M2

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Average Price
165000000.0%
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Price Comparison

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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 234-236 King Street

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.

Home Overview

Last updated

Jan 29

Virtual tour

None

Basement information

Building size

15000

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Listed by ED LOWE LIMITED

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Hot Water
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 234-236 King Street

Some information about this property - King Street

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