ON > Midland
Midland, ON L4R 3N5,505 King Street
Midland, ON L4R 3N5,505 King Street
Midland, ON L4R 3N5,505 King Street
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$1,395,000
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4,125 SqFt
Active

505 King Street Midland, ON L4R 3N5

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Diana Winger

Diana Winger

+1(226) 705-3369

UPDATED:

09/26/2024 04:24 PM

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

Level or Stories 2

Structure Type Block,Vinyl Siding

New Construction No

Others

Senior Community false

Tax ID 584710079

Ownership Freehold/None

Listed by Royal LePage In Touch Realty, Brokerage (Honey Harbour)

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Diana Winger

Agent | License ID: BRBM2358

+1(226) 705-3369

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505 King Street