$228.75 Per Sq Foot $2,947 est/mo Sourced by Back At You

509 King Street,Midland, ON L4R 3N5

Midland ON, L4R 3N5

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Description

This is a perfect opportunity for passive income. The property is about .25 acres and has an existing convenience store on the main floor as well as a 2 bedroom apartment above. There is ample parking and it's in a high traffic area near the downtown core. The convenience store still has a lease for about 4 years and the apartment is currently rented out on a monthly basis. The store has a walk in cooler which accesses the bank of refrigerators and a storage room and washroom. *** This is land and building only. Existing business and tenant will remain ***

Details

MLS#40599936
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site43
Listing Provided ByRoyal LePage In Touch Realty, Brokerage (Honey Harbour) | Michael Belsey

Features

SQ Feet2,400
Story(s)1
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: 2 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:
$549,000
low | high
Med:
$599,000
40.892531876138% of Average
SqFt:
2,400
low | high
Med:
1,120
100% of Average
$ / SqFt:
$229
low | high
Med:
$535
83.801717408275% of Average
On Site:
43
low | high
Med:
40.000000
100% of Average
Sourced by Back At You
Listing Updated: June 7, 2024 at 4:56:21 PM PDT