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$2,099,777
Available - For Sale
Listing ID: S11996780
Prime investment opportunity in Downtown Midland! If you're looking for a smart investment with great exposure, this is it! Located in the heart of Downtown midland, this fully renovated commercial building stands out as one of the finest in the area. With seven separate units and over 8,000 sq. ft. of space, including a basement, this property offers strong income potential with long-term tenants already in place. Renovated top to bottom in 2017, this building is turnkey and ready to go. Radiant heat, central air, alarm system and more... Convenient parking at the rear and walking distance to shops, restaurants, and beautiful Georgian Bay make this a highly desirable location for businesses and tenants alike. A rare opportunity at a great price!
Price $2,099,777
Taxes: $17,000
Tax Type: Annual
Occupancy by: Tenant
Address: 290 KING St , Midland, L4R 3M6, Ontario
Postal Code: L4R 3M6
Province/State: Ontario
Legal Description: PT LT 5 W/S KING ST PL 306 MIDLAND AS IN
Lot Size: 23.99 x 155.65 (Acres)
Directions/Cross Streets: From HWY 12 Take King St. To #290. Sign On
Zoning: DC-F2
Category: With Property
Use: Service Related
Total Area: 5,800
Total Area Code:  Sq Ft
Office/Appartment Area: 2900
Office/Appartment Area Code: Sq Ft
Retail Area: 2900
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 9am to
Employees #: 0
Seats: 0
LLBO: Y
Year Expenses: 2024
Expenses Actual/Estimated: $Act
Sprinklers: Y
Rail: N
Clear Height Feet: 10
Heat Type: Radiant
Central Air Conditioning: Y
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX Georgian Bay Realty Ltd

290 KING St , Midland, L4R 3M6, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Simcoe
Municipality: Midland
Neighbourhood: Midland
Style:
Lot Size: 23.99 x 155.65(Acres)
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Tax: $17,000
Maintenance Fee: $0
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