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Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 11,136 sqft
Price per Sqft $107
MLS Listing ID 40498131
Annual Tax Amount $11,583
Property Description
Fully-Leased 6-Unit Downtown Core Commercial Building, With Main Floor Commercial & 5 Residential Units Above, In The Heart Of Midland?s Main Retail District. Commercial Main Floor, Currently Operating As A Successful 149-Seat Restaurant, Has Been Completely Renovated, Along With The Exterior, In 2016. Roof Completely Redone In 2022. Great Long-Term Tenants In Place With Good Income And Huge Upside Potential. Property Backs Onto A Massive Municipal Parking Lot Offering Phenomenal Exposure Along Both King Street And At Rear Of Building. Extremely High Traffic Location With Both Drive-By & Walk-In Traffic. Full Height, Fully Finished Basement Offers Additional Potential. Wheelchair Accessible. Very Well Maintained. Please Contact For Financials.
Location
Province ON
County Simcoe County
Area Md - Midland
Zoning DC
Rooms
Kitchen 0
Exterior
Utilities Available Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup
Waterfront No
Building
Lot Description City Lot, High Traffic Area, Public Transit, Visual Exposure
Story 2
Sewer Sewer (Municipal)
Water Municipal
New Construction No
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