234-236 KING STREET

Midland, Ontario, L4R3M2, Canada

$1,650,000

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.

Last updated on : Wednesday 16th of October 2024 12:31:06 PM

ADDRESS

Street : 234-236 KING STREET

City : Midland

Province : Ontario

Country : Canada

Postal Code : L4R3M2

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PROPERTY SUMMARY

Property ID : S8387926

Property Type : Retail

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