For Sale

505 KING Street, Midland, Ontario L4R3N5

$1,395,000

505 KING Street, Midland, Ontario L4R3N5 is For Sale and has a listing price of 1,395,000. The property is located in the Midland neighbourhood. It's been on the website for 105 Days.

  • Business
    Property Type
  • MLS ID: S10440264
  • Office Name Royal LePage In Touch Realty
Property Description

Here’s your chance to own a property that generates passive income. The property is about .25 acres and has an existing building with a wine store and restaurant on the main floor as well as a spacious 2 bedroom apartment above. There is parking along the side and off the back with access from both King Street and Nelson Street. It’s in a high traffic area near the downtown core. *** This is land and building only. Existing businesses and tenant will remain *** (id:43137)

Property Details
  • MLS ID: S10440264
  • Price: $1,395,000
  • Transaction Types: For Sale
  • Ref ID: 27415944
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
09/14/2024 40643577 $1,395,000 For Sale - -
09/14/2024 S10440264 $1,395,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Midland
  • $852,034 Average List Price
    based on 1 year
  • 23 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 122.6 % Up
  • Sold (12mo) 186
  • Rented (12mo) 31

  • 1 Month Change +9.7%
  • 3 Month Change +56.4%
  • 6 Month Change +8.0%
Walkscore
  • 79 Walk Score
    Very Walkable
  • 54 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    73.67%
  • Commercial
    19.85%
  • Condo
    4.9%
  • Land for Sale
    1.58%
Additional Details
  • Sewers Sanitary Sewer
  • Basement2 None
  • Water Municipal Water
  • Exterior Concrete, Vinyl Siding
  • Property Features Southern Exposure
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 14/09/2024 00:00:00
  • Zoning R1s
  • Agent Name: MICHAEL BELSEY
  • Address Subdivision: MD01 - East of King Street
  • Last Updated: 03/12/2024 22:04:07
Open House Dates
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