505 King Street
Midland, ON
MLS® 40643577
For sale $1,395,000
Here's your chance to own a property that generates passive income. The property is about .25 acres and has an existing building with a wine store and restaurant on the main floor as well as a spacious 2 bedroom apartment above. There is parking along the side and off the back with access from both King Street and Nelson Street. It's in a high traffic area near the downtown core. *** This is land and building only. Existing businesses and tenant will remain *** Seller also owns #509 King Street, right next door so you could buy and own both properties.
Property Details
Listing Contract Date
2024-09-14
2024-09-14
Property Type
Commercial
Commercial
Community Features
City Lot
High Traffic Area
Highway Access
Hospital
Public Transit
Schools
Building
Building Type
Mixed
Building and Land
Mixed
Building and Land
Construction Materials
Block
Vinyl Siding
Block
Vinyl Siding
Sewer
Sewer (Municipal)
Sewer (Municipal)
Interior Size
4125 Square Feet
4125 Square Feet
Stories
2
2
Water Source
Municipal
Municipal
Building Amenities
High Speed Internet
Land
Lot Depth
165 ft
165 ft
Lot Front
66.00 ft
66.00 ft
Lot Size Area
0.25
0.25
Acres
< 0.5 Acres
< 0.5 Acres
Zoning
HC
HC
HoodQ
Michael Belsey
Salesperson
888-756-8888 (Direct)
705-790-6401 (Mobile)
Royal LePage In Touch Realty, Brokerage (Honey Harbour)
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Last Updated: 2024-09-26 16:24:17