Don't miss this exceptional chance to own a solid, income-generating building in a high-visibility downtown location just two blocks from Midland's scenic waterfront. This mixed-use property features two built-in residential tenants-one on a month-to-month lease and another under contract until March 2026-along with a vacant ground-floor commercial retail space ready for your business or next tenant. Formerly home to Midland's longest-running bakery, the main floor retail space includes a commercial range hood and commercial bread oven, offering an ideal setup for a food-based business, but also zoned for many permitted uses. At the rear, the property backs onto a public parking lot, ensuring easy access and high foot traffic-a huge plus for commercial tenants. A key upgrade is the new flat roofing system (2022). The second floor features two residential apartments, one of which has been fully renovated with a modern kitchen, new appliances, updated flooring, bathroom & lighting, fixtures, and soaring loft-style ceilings. A great opportunity to relocate your business, start a new venture or add this to your portfolio. (id:4069)
Address
253 KING STREET
List Price
$849,900
Property Type
Retail
Transaction Type
Sale
Area
Ontario
Sub-Area
Midland
Floor Area
4,882 Sq. Ft.
Lot Size
18.36 x 175.5 FT Sq. Ft.
MLS® Number
S12478614
Listing Brokerage
Team Hawke Realty
Postal Code
L4R3M4
Zoning
DC-F2
