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$499,800
Available - For Sale
Listing ID: S9362699
Excellent Opportunity for Investment! Ready to start your own restaurant? Restaurant set up or for prime retail or office space in a thriving location. Downtown Midland is ready for you. Located directly across from the lake and steps to Main Street. Apx 3,400 sq ft of versatile commercial/residential space. One Residential Apartment set up Upstairs (side entrance). With easy opportunity for a 2nd Unit with Entrance from the rear. Recent Upgrades Include: Commercial Kitchen set up with Gas stove, new insulation, plumbing, flooring, paint, lighting, and modern fixtures Parking: 6 private spots plus ample free public parking.
Price $499,800
Taxes: $5,372.33
Tax Type: Annual
Assessment: $252000
Assessment Year: 2024
Occupancy by: Vacant
Address: 555 Bay St , Midland, L4R 1L4, Ontario
Postal Code: L4R 1L4
Province/State: Ontario
Legal Description: PT LT 15 E/S SECOND ST, 16 E/S SECOND ST
Lot Size: 50 x 107 (Feet)
Directions/Cross Streets: Bay St/ First St
Zoning: DCF2
Category: Multi-Use
Building Percentage: N
Total Area: .12
Total Area Code:  Acres
Retail Area: 3400
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Franchise: N
Sprinklers: Part
Rail: N
Heat Type: Elec Forced Air
Central Air Conditioning: Y
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
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Interest Rate: %  
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP INCENTIVE REALTY INC.

555 Bay St , Midland, L4R 1L4, Ontario


 
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At a Glance:
Type: Com - Commercial/Retail
Area: Simcoe
Municipality: Midland
Neighbourhood: Midland
Style:
Lot Size: 50.00 x 107.00(Feet)
Approximate Age: 51-99
Tax: $5,372.33
Maintenance Fee: $0
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