8
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$949,900
Est. payment /mo
3,200 SqFt
Active
268 King ST Midland, ON L4R 3M3
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UPDATED:
02/10/2025 02:45 PM
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $296
Subdivision Midland
MLS Listing ID S11961800
Annual Tax Amount $5,901
Tax Year 2024
Property Sub-Type Store W Apt/Office
Property Description
Prime Investment Opportunity. Fully occupied/stabilized commercial/retail asset with rental upside. Located in Downtown Midland. 6.0% cap rate return on current income. Health Food Store and 2 residential 2 BD units above. 2 Dedicated parking spots. Lots of walking and vehicular traffic. Excellent signage on busy downtown. Fast growing market of Midland ON just off the Georgian Bay.
Location
Province ON
County Simcoe
Community Midland
Area Simcoe
Zoning DC-F2
Interior
Cooling No
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 24.0
Others
Security Features Yes
Listed by LENNARD COMMERCIAL REALTY