261 King Street, Midland | Image 1

261 King Street

Midland, Midland

  • Commercial

$XXX,XXX
For Sale

Added 3 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: DC-F2

  • Age: No Data

  • Taxes: 7083

  • MLS®#: S7405894

  • Days on Site: 80 Days

  • Added: Jan 15, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: TEAM HAWKE REALTY

Successful business, building, and land. This successful turn-key business has stood the test of time by successfully selling women's/men's footwear and clothing for 29 years in downtown Midland. Their success has been attributed to their savvy business acumen in carrying major top selling shoe lines. This picturesque town is within a short 90-minute drive to Toronto and has evolved into a major tourist hub, attracting cottagers, and tourists from around the globe. Seller is prepared to train future owners and staff in retail procedures, and product ordering and provide trade show instructions to facilitate the transition. In addition, be your own landlord and save lease costs, while receiving rent from 2-one bedroom residential units upstairs. Endless possibilities!! This building has been meticulously cared for and upgraded. Private parking, attractive public back entrance and limitless downtown parking! Financials to be provided upon serious interest.

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Midland

  • Community: Midland

  • Availability Date: Flexible

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Heat Type: Elec Forced Air

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $7,083

  • Taxes Type: Annual

Land

  • Cross Street: Hugel Avenue

  • Municipality District: Midland

  • Parcel Number: 584670011

  • Lot Depth: 175.5 Acres

  • Lot Frontage: 22 Acres

  • Zoning: DC-F2

Commercial Specific

  • Retail Area: 50

  • Retail Area Metric: %

  • Sprinklers: N

  • Total Area: 4000

  • Total Area Metric: Sq Ft

  • Lot Code: Building

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