Valeria Zhibareva
Broker
Re/Max Realty Enterptises Inc., Brokerage, Brokerage
Independently owned and operated.
1697 Lakeshore Rd W , Mississauga, Ontario L5J 1J4
Cell: 905-599-8574Office: 905-855-2200Fax: 905-855-2201
$769,000
Available - For Sale
Listing ID: S12299236
268 King Stre , Midland, L4R 3M3, Simcoe
| This Fully-Leased Commercial Building In Downtown Midland, Located In The Vibrant Setting Of Georgian Bay, Presents An Exceptional Investment Opportunity. The Property Comprises Three Units, With A Main Floor Housing A Thriving Health Food Store And Two Residential Units Above. These Apartments Include A Spacious 3-Bedroom, 2-Bathroom Unit And A Comfortable 2-Bedroom, 2-Bathroom Unit, Ensuring A Diverse And Stable Rental Income Stream. With Its Current Rents And Long-Term Lease Agreements, This Property Offers A Compelling Return On Investment That Is Expected To Endure For Years To Come. The Building Enjoys Prominent Visibility Along King St And Access From Hugel Ave, Attracting High Volumes Of Both Drive-By And Walk-In Traffic. Its Strategic Location In The Heart Of The Downtown Core Positions It For Continued Growth And Success. Furthermore, The Recent Complete Renewal Of The Streetscape In 2020 By The Town Of Midland Enhances The Property's Appeal And Value. This, Coupled With Midland's Reputation As A Fast-Growing And Picturesque Town, Makes This Property A Highly Desirable Asset For Any Investor Looking For Long-Term Rental Income In A Thriving Community. |
| Price | $769,000 |
| Taxes: | $8299.89 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 268 King Stre , Midland, L4R 3M3, Simcoe |
| Postal Code: | L4R 3M3 |
| Province/State: | Simcoe |
| Legal Description: | PT LT 10 W/S KING ST PL 306 BEING PT 1 5 |
| Directions/Cross Streets: | Hugel Ave & King St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Retail |
| Use: | Retail Store Related |
| Building Percentage: | F |
| Total Area: | 3612.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1806 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Approximatly Age: | 100+ |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Days Open: | V |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
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Valeria Zhibareva
Broker
Dir:
905-599-8574
Bus:
905-855-2200
Fax:
905-855-2201
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Simcoe |
| Municipality: | Midland |
| Neighbourhood: | Midland |
| Approximate Age: | 100+ |
| Tax: | $8,299.89 |
| Fireplace: | N |
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