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268 KING STREET, Midland, Ontario

$769,000

3,612 Square Feet

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. (id:50212)

Listing ID: S12299236
Property Type: Retail

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Details

Amenities Nearby: Highway
Parking Spaces: 2
Transaction: For sale
Zoning Description: DC-F2

Building

Fireplace Present: False
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 3612 sqft
Utility Water: Municipal water

Land

Amenities: Highway
Size Frontage: 24 ft
Size Irregular: 24 x 79.9 FT

Listing provided by EXP REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 268 KING STREET in Midland Ontario. It was last modified on July 22nd, 2025. Contact Tyson Martins Pedersen to schedule a viewing or to discover other Midland real estate for sale.

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