For Sale

234-236 King Street Unit# 234, Midland, Ontario L4R3M2

$1,650,000

234-236 King Street Unit# 234, Midland, Ontario L4R3M2 is For Sale and has a listing price of 1,650,000. The property is located in the Midland neighbourhood. It's been on the website for 115 Days.

  • Retail
    Property Type
  • MLS ID: S8387926
  • Office Name ED LOWE LIMITED
Property Description

Great redevelopment opportunity. Corner lot with lots of exposure. Main floor has 2 vacant commercial units, the larger is divisible to maximize an income. Upgrade floor and new storefront windows. The other 2 floors ready to be renovated with floor plans showing the following 12 – 18 units. 2nd floor has 5 – 1 bedroom units with a study and a 1 bedroom unit. The second floor with the bedrooms and a study being built on a mezzanine with a view down below to the living/dining room area. The 3rd floor has 6 – bedroom units. 18 units possible building in an additional floor with 6 units/floor. 400 amp single phase hydro service and a 200 amp hydro service. Roof replaced approx.12 years ago. The Town of Midland has just finished a Downtown Revitalization Program which makes the location appealing for downtown shopping. Town dock, marina and Trans Canada Trail is located 2 blocks away at the end of King Street. (id:43137)

Property Details
  • MLS ID: S8387926
  • Price: $1,650,000
  • Transaction Types: For Sale
  • Ref ID: 26964757
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
05/30/2024 S8387926 $1,650,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Midland
  • $917,284 Average List Price
    based on 1 year
  • 79 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 83.23 % Up
  • Sold (12mo) 152
  • Rented (12mo) 26

  • 1 Month Change -8.6%
  • 3 Month Change -12.0%
  • 6 Month Change -12.8%
Walkscore
Property Type Distribution
  • All Houses
    72.38%
  • Commercial
    20.33%
  • Condo
    5.08%
  • Land for Sale
    2.2%
Additional Details
  • Heat Source Natural Gas
  • Heating System Hot Water Radiator Heat
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 30/05/2024 00:00:00
  • Zoning Nec
  • Agent Name: CATHERINE ANNE LOWE
  • Last Updated: 04/09/2024 02:14:15
Open House Dates
Want to see this property?