234-236 King Street, Midland | Image 1

234-236 King Street

Midland, Midland

  • Commercial

$X,XXX,XXX
For Sale

Added 6 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: DC-F2

  • Age: No Data

  • MLS®#: S8387926

  • Days on Site: 13 Days

  • Added: May 30, 2024 (6 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ED LOWE LIMITED

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

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Midland

  • Community: Midland

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Heat Type: Gas Hot Water

  • Freestanding: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PART LOT 16 W/S KING ST PLAN 306 AS IN RO983301 TOWN OF MIDLAND

  • Taxes Type: N/A

Land

  • Cross Street: NW corner of King St

  • Municipality District: Midland

  • Parcel Number: 584650127

  • Lot Depth: 99.85 Feet

  • Lot Frontage: 50.03 Feet

  • Zoning: DC-F2

Commercial Specific

  • Retail Area: 5000

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 15000

  • Total Area Metric: Sq Ft

  • Office Size: 10000

  • Office Size Metric: Sq Ft

  • Lot Code: Lot

Map of 234-236 King Street, Midland
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