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    For Sale - 268 King Street, Midland, Ontario

    Est payment $3,316/mo
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    Views   1
    Time on Jump  143 day

    AI Summary *

    • Fully-leased commercial building in a vibrant downtown location.
    • Three units, including a thriving health food store and residential apartments.
    • Diverse rental income from a spacious 3-bedroom and a 2-bedroom unit.
    • Prominent visibility with high traffic from both drive-by and walk-in customers.
    • Recent streetscape renewal enhances property appeal and value.




    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.
    Listing IDS12299236
    Address268 King Street
    CityMidland, Ontario
    Price$669,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major HighwayBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm

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    Listing Agency:  EXP REALTY
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    268 King Street
    Midland , Ontario
    $669,000
    Get more info