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268 King Street
Midland ON , L4R 3M3 , Canada
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Aaron Pauzé
Agent
Broker
Phone: 705.526.4271
Cell: 705.527.5287
Toll Free:
877.526.4271

Royal LePage In Touch Realty
Brokerage:
100 - 9293 Highway 93
Midland, ON
L4R 4k4
Phone: 705.526.4271
Fax: 705.526.0361
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$929,900.00
MLS® 40578252
Commercial
Lot Frontage: 24.00 Feet
Total Bedrooms: 0
Zoning: DC-F2
Remarks:
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.

Property Features:
  • Basement: Full
  • Acres Range: < 0.5
  • Lot Features: City Lot , High Traffic Area , Marina , Public Transit , Schools
  • Sewer: Sewer (Municipal)
  • Water Source: Municipal

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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