253 KING STREET, Midland, Ontario, L4R3M4
MLS: S12950942 | Retail
$849,900
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. (id:64974)
Quick Facts
- Property Type: Retail
- Bedrooms: None
- Bathrooms: None
- Living Area: 4,882 sq ft (453.6 m²)
- Parking: 2.0 spaces
- Frontage: 18 ft (5.6 m)
Costs
- Annual Taxes: $8,927.00
Listing Provided by: Team Hawke Realty
Board: OnePoint Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Baseboard heaters, Other
- Cooling: Partially air conditioned
- Appliances: Washer, Oven, Dryer
Exterior & Construction
- Water: Municipal water
Lot & Land
- Frontage: 18 ft (5.6 m)
- Zoning: DC-F2
Community & Neighbourhood
- Neighbourhood: Midland
Listing Information
Listing History
MLS listing activity for 253 KING STREET, Midland, Ontario, L4R3M4 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±5%Match BedroomsYesMatch BathroomsYes
MAIN FLOOR - 253 KING STREET, Midland
Retail$4,000/mo
Listing Courtesy of Team Hawke Realty
276 KING STREET, Midland
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365 KING STREET, Midland
RetailContact for Price
$14/yr taxListing Courtesy of Team Hawke Realty
206 FOURTH STREET, Midland
Residential Commercial Mix$599,900
$4,817/yr taxListing Courtesy of Keller Williams Experience Realty
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253 KING STREET, Midland, Ontario, L4R3M4