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Type: Commercial/Retail
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Property Type: Commercial
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Zoning: DC-F2
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Age: No Data
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Taxes: 5901.58
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MLS®#: S11961808
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Days on Site: 3 Days
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Added: Feb 07, 2025 (2 weeks ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: LENNARD COMMERCIAL REALTY
Prime Investment Opportunity. Fully occupied/stabilized commercial/retail asset with rental upside. Located in Downtown Midland. 6.0% cap rate return on current income. Health Food Store and 2 residential 2 BD units above. 2 Dedicated parking spots. Lots of walking and vehicular traffic. Excellent signage on busy downtown. Fast growing market of Midland ON just off the Georgian Bay.
Property
Status: Sale
Property Type: Commercial/Retail
Property Type: Retail
Area: Midland
Community: Midland
Availability Date: Immediate
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Closd
Elevator: None
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Covered Parking Spaces: 2
Fees
Tax Year: 2024
Tax Legal Description: PT LT 10 W/S KING ST PL 306 BEING PT 1 51R7131 TOWN OF MIDLAND
Taxes: $5,902
Taxes Type: Annual
Land
Cross Street: Hugel Ave & King St
Municipality District: Midland
Parcel Number: 584650122
Sewer: San+Storm
Lot Frontage: 24 Feet
Zoning: DC-F2
Commercial Specific
Retail Area: 3200
Retail Area Metric: Sq Ft
Sprinklers: Y
Total Area: 3200
Total Area Metric: Sq Ft
Area Influence: Major Highway
Lot Code: Lot
St Ann's Separate School
Elementary: CatholicSacred Heart School
Elementary: CatholicMonsignor Castex Separate School
Elementary: CatholicBayview Public School
Elementary: PublicHuron Park Public School
Elementary: PublicMundy's Bay Elementary Public School
Elementary: PublicGeorgian Bay District Secondary School
Secondary: PublicNorth Simcoe Campus
Secondary: PublicÉcole secondaire Le Caron
Secondary: PublicStayner Collegiate Institute
Secondary: PublicElmvale District High School
Secondary: PublicSt Theresa's Separate School
Secondary: Catholic
