$2,099,777
Available - For Sale
Listing ID: S11996780
290 KING St , Midland, L4R 3M6, Ontario
| Prime investment opportunity in Downtown Midland! If you're looking for a smart investment with great exposure, this is it! Located in the heart of Downtown midland, this fully renovated commercial building stands out as one of the finest in the area. With seven separate units and over 8,000 sq. ft. of space, including a basement, this property offers strong income potential with long-term tenants already in place. Renovated top to bottom in 2017, this building is turnkey and ready to go. Radiant heat, central air, alarm system and more... Convenient parking at the rear and walking distance to shops, restaurants, and beautiful Georgian Bay make this a highly desirable location for businesses and tenants alike. A rare opportunity at a great price! |
| Price | $2,099,777 |
| Taxes: | $17000.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 290 KING St , Midland, L4R 3M6, Ontario |
| Postal Code: | L4R 3M6 |
| Province/State: | Ontario |
| Legal Description: | PT LT 5 W/S KING ST PL 306 MIDLAND AS IN |
| Lot Size: | 23.99 x 155.65 (Acres) |
| Directions/Cross Streets: | From HWY 12 Take King St. To #290. Sign On |
| Category: | With Property |
| Use: | Service Related |
| Total Area: | 5800.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 2900 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 2900 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 7 |
| Hours Open: | 9am to |
| Employees #: | 0 |
| Seats: | 0 |
| LLBO: | Y |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | Y |
| Rail: | N |
| Clear Height Feet: | 10 |
| Heat Type: | Radiant |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | Sanitary |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX Georgian Bay Realty Ltd |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Simcoe |
| Municipality: | Midland |
| Neighbourhood: | Midland |
| Lot Size: | 23.99 x 155.65(Acres) |
| Tax: | $17,000 |
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