LOADING

234 King Street Midland, Ontario L4R 3M2

Ductless, Window Air Conditioner Hot Water Radiator Heat

$999,900

Great investment opportunity. Corner lot providing alot of exposure for the main floor commercial unit. The main floor is presently set up as 2 commercial units. Both are vacant. The larger unit has the possibility of being divided into smaller units which would allow you to maximize your income. The floor has been upgraded with plywood sheathing throughout plus new storefront windows. In order to rent out the main commercial unit, fire separations will have to be installed. The other 2 floors have been completely stripped to the bare walls and ready to be renovated with floor plans showing the following: 2nd floor: 5-1 bdrm units with a study and a 1 bedroom unit. The second floor with the bedrooms and a study being built on a mezzanine with a view down below to the living/dining room area. The 3rd floor: 6-1 bedroom units. The ceiling heights are as follows: 1st floor- 12 feet. 2nd floor- 16 feet. 3rd floor- 9 feet 6 inches. There is a 400 amp single phase hydro service plus a 200 amp hydro service available. The roof was replaced approx.10 years ago. The Town of Midland has just finished a Downtown Revitalization Program which makes it very appealing for downtown shopping for the locals and tourists. Also 2 blocks away at the end of King Street is the town dock, a marina plus the TransCanada Trail. (id:45443)

Property Details

MLS® Number 40176838
Property Type Other
Amenities Near By Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit
Communication Type High Speed Internet
Community Features Community Centre
Equipment Type None
Features Corner Site, Park/reserve, Golf Course/parkland, Sump Pump
Rental Equipment Type None

Building

Appliances Water Meter
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type Ductless, Window Air Conditioner
Exterior Finish Brick
Foundation Type Stone
Heating Type Hot Water Radiator Heat
Stories Total 3
Size Exterior 15000.0000
Utility Water Municipal Water

Parking

None

Land

Acreage No
Land Amenities Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 50 Ft
Zoning Description Dc-f2

Utilities

Cable Available
DSL* Available
Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/23734672/234-king-street-midland

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