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262 King St Midland, Ontario L4R 3M3

2850 sqft

$949,900

Investment Opportunity. Downtown Commercial/Residential Building In Prime Downtown Midland Location. Searching For A Turnkey Fully Tenanted Building With Good Income? Here It Is! This Building Has 2- One Bedroom Apartments Situated Above A 1,300 Sq Ft Commercial Unit, All With Separate Meters And Parking At The Back Of The Building. Located Just A Couple Of Blocks From Midland's Waterfront, Marina, Park, Dining On Beautiful Georgian Bay. Upgrades In The Past 5 Years Include Store Renovations, Electrical, Foam Insulation, Back Of Roof, Plus Minor Improvements Such As New Faucets Etc., For The Apartments.**** EXTRAS **** Taxes: About $5,100/Year. Water: About $900/Year. Net Operating Income $40,500. (id:48877)

Business

Business Type Retail and Wholesale
Business Sub Type Retail misc.

Property Details

MLS® Number S5666762
Property Type Retail
Community Name Midland

Building

Size Interior 2850 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Irregular 20 X 108 Ft
Size Total Text 20 X 108 Ft

https://www.realtor.ca/real-estate/24567219/262-king-st-midland-midland