268 King ST Active

Midland,ON L4R 3M3

$ 949900

- Bed

- Bath

3200 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $296

Subdivision Midland

MLS Listing ID S11961808

Annual Tax Amount $5,901

Tax Year 2024

Property Sub-Type Commercial Retail

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 Yes

Exterior

Community Features Major Highway

Utilities Available Yes

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