505 King Street Active Save Request In-Person Tour Request Virtual Tour
Midland,ON L4R 3N5
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 4,125 sqft
Price per Sqft $338
MLS Listing ID 40643577
Abv Grd Liv Area 4,125
Originating Board The Lakelands
Annual Tax Amount $7,984
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Here's your chance to own a property that generates passive income. The property is about .25 acres and has an existing building with a wine store and restaurant on the main floor as well as a spacious 2 bedroom apartment above. There is parking along the side and off the back with access from both King Street and Nelson Street. It's in a high traffic area near the downtown core. *** This is land and building only. Existing businesses and tenant will remain *** Seller also owns #509 King Street, right next door so you could buy and own both properties.
Location
Province ON
County Simcoe County
Area Md - Midland
Zoning HC
Direction King Street in Midland to #505
Rooms
Basement None
Kitchen 0
Interior
Interior Features High Speed Internet
Fireplace No
Exterior
Utilities Available Electricity Connected,Garbage/Sanitary Collection,Natural Gas Connected,Recycling Pickup,Street Lights,Phone Connected
Waterfront No
Lot Frontage 66.0
Lot Depth 165.0
Garage No
Building
Lot Description City Lot,High Traffic Area,Highway Access,Hospital,Public Transit,Schools
Faces King Street in Midland to #505
Story 2
Foundation Slab
Sewer Sewer (Municipal)
Water Municipal
Structure Type Block,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 584710079
Ownership Freehold/None