This 4,000 , 3 level, well cared for building has a multitude of retail and residential use options, due to its amazing location in downtown Midland. The picturesque town of Midland, being only a short 90 minute drive to Toronto, has evolved into a major tourist hub, attracting cottagers and tourist from around the globe. For the last 31 years the main retail level has been a successful ladies/mens footwear business, Shoes to Boot! The second level consists of 2 efficient one bedroom residential units. This building has been meticulously cared for and upgraded. Private parking, attractive court yard, front and back access, limitless downtown parking, and full lower level for storage. Great value for the savvy investor! Vacant possession of 2 apartments and commercial unit available.
Address
261 King Street
List Price
$629,900
MLS® Status
New
Expiration Date
2026-04-27
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Midland
Region
Simcoe
Lot Size Source
GeoWarehouse
Lot Depth
175.5
Lot Type
Building
Lot Size Units
Feet
Lot Width
22
Parcel Number
584670011
Total Building Area
4000
Occupant Type
Owner+Tenant
Cross Street
Highway 93 to Yonge Street (East) to King Street to #261
Approx. Age
51 - 99 Years
MLS® Number
S12483787
Listing Brokerage
Team Hawke Realty
Basement
Yes
Postal Code
L4R 3M4
Posession Details
TBD
Tax Amount
$7,083.00
Tax Year
2024
Site Influences
Public Transit
Community Features
Public Transit
Standard Status
Active
Board Or Association
One Point Association of REALTORS
Heat Type
Gas Forced Air Open
Cooling
No
Cooling Features
Yes
New Construction
No
Garage Type
None
Tax Legal Description
PT LT 2 E/S KING ST PL 166 MIDLAND AS IN RO1425039; MIDLAND
Security Features
No
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