253 KING STREET
Midland, Ontario
MLS® S12950942
$849,900
- Status
- Active
- Property type
- Retail
- MLS® number
- S12950942
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 47Listing description
Don't miss this exceptional chance to own a solid, income-generating building in a high-visibility downtown location just two blocks from Midland's scenic waterfront. This mixed-use property features two built-in residential tenants-one on a month-to-month lease and another under contract until March 2026-along with a vacant ground-floor commercial retail space ready for your business or next tenant. Formerly home to Midland's longest-running bakery, the main floor retail space includes a commercial range hood and commercial bread oven, offering an ideal setup for a food-based business, but also zoned for many permitted uses.
At the rear, the property backs onto a public parking lot, ensuring easy access and high foot traffic-a huge plus for commercial tenants. A key upgrade is the new flat roofing system (2022). The second floor features two residential apartments, one of which has been fully renovated with a modern kitchen, new appliances, updated flooring, bathroom & lighting, fixtures, and soaring loft-style ceilings.
A great opportunity to relocate your business, start a new venture or add this to your portfolio.
Property summary
- MLS® number
- S12950942
- Property type
- Retail
- Square footage
- 4,882 sq ft
- Land size
- 18.36 x 175.5 FT
- Annual property taxes
- $8,927.00
- Parking
- 2 spaces
- Days on market
- 147 days
Features & details
- Heating
- Baseboard heaters, Other
- Cooling
- Partially air conditioned
- Appliances
- Washer, Oven, Dryer
What would this home cost you?
Based on the $849,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Team Hawke Realty, MIDLAND.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.