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. (id:4069)
| Address |
234-236 KING STREET |
| List Price |
$1,650,000 |
| Property Type |
Retail |
| Area |
Ontario |
| Sub-Area |
Midland |
| Floor Area |
15,000 Sq. Ft. |
| Lot Size |
50.03 x 99.85 FT Sq. Ft. |
| MLS® Number |
S8387926 |
| Listing Brokerage |
ED LOWE LIMITED
|
| Postal Code |
L4R3M2 |
| Zoning |
DC-F2 |
