268 King Street, Midland, ON L4R 3M3
$899,990
$899,990
MLS®#:
S12028449
Property Type:
Commercial Retail
Property Style:
Area:
Simcoe
Community:
Midland
Added:
March 19 2025
Lot Frontage:
24
Lot Depth:
0
Status:
Active
Outside:
Year Built:
Basement:
true
Brokerage:
LENNARD COMMERCIAL REALTY
Intersection:
Hugel Ave & King St
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Cooling:
Heating Type:
Gas Forced Air Closed
Heating Fuel:

Listing Description

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.

Neighbourhood

Schools, amenities, travel times, and market trends near 268 King Street
Schools

4 public & 4 Catholic schools serve this home. Of these, 8 have catchments.

Parks & Rec

6 volleyball courts, 4 playgrounds and 14 other facilities are within a 20 min walk of this home.

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Midland home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Midland
100%
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)