261 KING Street, Midland - Business for Sale
261 KING Street, Midland, Ontario, L4R3M4
Description
Business only...Shoes to boot is for sale!! This successful turn key business has stood the test of time by successfully selling women's/men's footwear and clothing for 31 years in downtown Midland. Their success has been attributed to it's savvy business acumen in carrying major top selling shoe lines such as Blundstone, Birkenstocks, Romik, Rieker, Josef Siebel and Vionic to name a few and do it amazing downtown location in beautiful Midland, Ontario. This picturesque town being within a short 90 minute drive to Toronto has evolved into a major tourist hub, attracting cottagers, and tourist from around the globe. This location is a retailers dream location. Seller is prepared to train future owner and staff in retail procedures, product ordering and provide trade show instructions to facilitate the transition. This amazing business is a gem and has a proven track record of profitable business. If you are an entrepreneur looking for an opportunity, look no further. Financials to be provided upon request. Business, building and land can be purchased as a package. (id:66096)
Property Details
- MLS®
- S12900370
- Property Type
- Business
- Zoning
- DC - F2 Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 232 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 232 days on market, against an average age of 97 days across the listings currently for sale in this city
This business in Midland is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L4R)
This home lists at $39,900, about 0.6× the local median household income of $70,500.
Carrying it typically needs a household income of about $7,794 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $70,500
- Population
- 19,245
- Median age
- 50.4
- Owner / renter
- 68% / 32%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA L4R)
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$39,900
Midland