262 King St Midland, Ontario L4R 3M3
$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:51580)
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
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