234-236 King St

Midland | Midland | L4R 3M2
  • 15000.0 sqft
  • 0 gar

$1,650,000

Est. Mtg $5,594 /mo
  • Days on market

    455

  • Status

    A

Listing Broker ED LOWE LIMITED
Since listed: 0 views

Home details

MLS #:

S8387926

Property type:
Commercial/Retail
Style:
Taxes:
$17,015
Possession:
TBD
Condo Fee:
Lot Size:
50.03 X 99.85
Zoning:
DC-F2
Use:
Heat:
Gas Hot Water

Description


234-236 King St, , Midland, Ontario is a Commercial/Retail property in Midland and in the Midland community in the L4R 3M2 postal code


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..

Extras

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Payment calculator

$7012 monthly. In association with: TD Bank
%
  • Principal and Interest
    5594 /mo
  • Property Taxes
    $1417 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Luis Serrano, Realtor

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