FIRST TIME OFFERED FOR SALE! Own a piece of downtown Midland history with this iconic, high-exposure commercial/residential building, famously known as "Johnstone's Music Land." Serving the Southern Georgian Bay community for over 80 years, this landmark property at 280 King Street offers unparalleled visibility and footprint in the heart of our vibrant main street business district.The main level features a massive, open-concept commercial retail space with soaring ceilings and large front display windows that flood the interior with natural light-perfect for retail, professional offices, a trendy restaurant, or a boutique clinic. Expand your footprint or inventory storage into the full, sprawling basement running the length of the building.The incredible bonus? A private, separate entrance leads to a spacious 2 - 3 bedroom apartment directly above the retail storefront. Perfect as a primary residence for an owner-operator, a premium long-term residential rental, or a lucrative short-term rental catering to Georgian Bay tourists.Unbeatable location with high foot traffic, ample street parking, Rare 5 car private parking at rear and close proximity to the Midland harbourfront, restaurants, and local amenities. Don't miss this rare, multi-generational investment opportunity to live, work, and invest in Downtown Midland! (id:4069)
Address
280 KING STREET
List Price
$710,000
Property Type
Retail
Transaction Type
Sale
Area
Ontario
Sub-Area
Midland
Floor Area
4,603 Sq. Ft.
Lot Size
Bldg=22 x 158 FT Sq. Ft.
Lot Depth
158 ft
Frontage Length
22 ft
MLS® Number
S13440328
Listing Brokerage
Royal LePage In Touch Realty
Postal Code
L4R3M6
Zoning
DC-F2
Heat Type
Baseboard heaters
Cooling Features
None
Water Source
Municipal water
