$1,395,000
( $338.18Per Sq Foot )
 $7,489 est/mo Sourced by Back At You

505 King Street , Midland, ON L4R 3N5

Midland, ON L4R 3N5

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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.

Details

MLS#40643577
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site59
Listing Provided ByRoyal LePage In Touch Realty, Brokerage (Honey Harbour) | Michael Belsey

Features

SQ Feet4,125
Story(s)2
ZoningHC
Acreage0.25
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 4 minutes ago
ProvinceON
CountySimcoe County
CityMidland
Postal CodeL4R 3N5
AreaMD Midland
SubareaMD01 East of King Street
Community NameMD01 East of King Street
Listing VS Median (in MD01 East of King Street)
Price:
$1,395,000
low | high
Med:
$555,000
100% of Average
SqFt:
4,125
low | high
Med:
995
100% of Average
$ / SqFt:
$338
low | high
Med:
$560
15.523907898227% of Average
On Site:
59
low | high
Med:
73.000000
80.821917808219% of Average
Sourced by Back At You
Listing Updated: September 23, 2024 at 6:10:20 PM PDT