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    For Sale - 289 King Street, Midland, Ontario

    Est payment $6,339/mo
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    Views   1
    Time on Jump  78 day

    AI Summary *

    • Landmark mixed-use building in the heart of downtown Midland.
    • Former restaurant space ready for various business ventures.
    • Two updated apartments above for living or rental income.
    • Convenient access to a municipal parking lot nearby.
    • Substantial updates made while preserving the building's character.




    A rare opportunity to own a landmark mixed-use building in the heart of midland's historic downtown core. Formerly home to the beloved uncle roy's restaurant, this versatile property offers the ideal combination of commercial space and residential income potential. The main-floor commercial space is well suited for a restaurant, café, retail store, professional office, or a variety of other business ventures. Much of the existing restaurant equipment remains on site, providing an excellent opportunity for entrepreneurs looking to establish a new dining destination with reduced start-up costs. The current owner has made substantial investments in updating and improving this historic building while preserving its character and street appeal. The commercial space features modern finishes and a welcoming atmosphere, creating a turnkey opportunity for a wide range of uses. Above the commercial space are two very nicely updated residential apartments, each with separate heat sources, offering the flexibility to live on-site while operating your business below or generate additional rental income from both units. The full basement provides extensive storage and utility space, with partial finishing including drywall, excellent lighting, and a convenient 2-piece washroom. A security gate protects the front entrance, providing added peace of mind when the business is closed. Rear access to the building opens directly onto a municipal parking lot with free public parking, offering convenient access for customers, tenants, and staff. Heat sources include gas powered hot water radiant as well as forced air gas and a heat pump in one of the apartment units. Whether you're an entrepreneur seeking a live-work opportunity or an investor looking for a well-maintained mixed-use property with multiple income streams, this downtown midland property presents exceptional potential in a high-visibility location.
    Listing IDS13223856
    Address289 King Street
    CityMidland, Ontario
    Price$1,320,000
    Bath7 Full
    StyleStore W Apt/Office
    Land Size0.08
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeCommunity Features Public Transit, Recreation/Community CentreBasement 1Heating / Cooling Gas Hot WaterSewer Sanitary

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    Listing Agency:  Real Broker Ontario Ltd.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    289 King Street
    Midland , Ontario
    7 $1,320,000
    Get more info