



$629,900
Midland
261 KING Street, Midland, Ontario, L4R3M4
This retail property in Midland is for sale offering roughly 4,000 sq ft of space.
This 4,000 , 3 level, well cared for building has a multitude of retail and residential use options, due to its amazing location in downtown Midland. The picturesque town of Midland, being only a short 90 minute drive to Toronto, has evolved into a major tourist hub, attracting cottagers and tourist from around the globe. For the last 31 years the main retail level has been a successful ladies/mens footwear business, Shoes to Boot! The second level consists of 2 efficient one bedroom residential units. This building has been meticulously cared for and upgraded. Private parking, attractive court yard, front and back access, limitless downtown parking, and full lower level for storage. Great value for the savvy investor! Vacant possession of 2 apartments and commercial unit available. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 187 days on market, against an average age of 99 days across the listings currently for sale in this city
This retail in Midland is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $629,900, about 8.9× the local median household income of $70,500.
Carrying it typically needs a household income of about $123,042 (20% down, 25-yr amortization, stress-tested) — roughly 75% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4R)
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