253 King ST new

Midland,ON L4R 3M4

$ 849900

- Bed

- Bath

4882 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,882 sqft

Price per Sqft $174

Subdivision Midland

MLS Listing ID S12478614

Annual Tax Amount $8,927

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

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.

Location

Province ON

County Simcoe

Community Midland

Area Simcoe

Interior

Cooling Partial

Exterior

Utilities Available Yes

Lot Frontage 18.36

Lot Depth 175.5

Building

Building Age 100+

Others

Security Features No

ParcelsYN No

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