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$ 1,650,000
Est. payment | /mo
15,000 SqFt
$ 1,650,000
Est. payment | /mo
15,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $110
MLS Listing ID S8387926
Tax Year 2024
Property Description
Great redevelopment opportunity. Corner lot with lots of exposure. Main floor has 2 vacant commercial units, the larger is divisible to maximize an income. Upgrade floor and new storefront windows. The other 2 floors ready to be renovated with floor plans showing the following 12 - 18 units. 2nd floor has 5 - 1 bedroom units with a study and a 1 bedroom unit. The second floor with the bedrooms and a study being built on a mezzanine with a view down below to the living/dining room area. The 3rd floor has 6 - bedroom units. 18 units possible building in an additional floor with 6 units/floor. 400 amp single phase hydro service and a 200 amp hydro service. Roof replaced approx.12 years ago. The Town of Midland has just finished a Downtown Revitalization Program which makes the location appealing for downtown shopping. Town dock, marina and Trans Canada Trail is located 2 blocks away at the end of King Street.
Location
Province ON
County Simcoe
Community Midland
Area Simcoe
Zoning DC-F2
Region Midland
City Region Midland
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 50.03
Lot Depth 99.85
Others
Security Features No
Listed by ED LOWE LIMITED
GET MORE INFORMATION
Melissa, Maria & Amanda 3rd Ave Realty Team
Realtor | License ID: 4769738
+1(705) 888-0860 | info@thirdavenue.ca