Prime and Rare Industrial Development Opportunity to acquire 6.86 Acres of M1industrial zoned land in one of Midland's most active commercial and industrial corridors. Strategically located on Whitfield Crescent and backing onto HWY 12, provides excellent visibility and convenient access. The site benefits from site plan approval for a proposed mini-storage development on approx. 4.5 acres, providing a significant head start for investor and developers looking to capitalize on the increasing demand for self-storage facilities in the region. Total proposed building area of 34,544.09 square feet. Positioned along a high-traffic corridor the property offers excellent exposure and accessibility for future business operations. Access is available directly from Whitfield Crescent, providing convenient entry for customers, suppliers and commercial traffic. Please note ** The proposed development area will require site levelling and there is a sanitary easement bisecting the property **. Development charges and all future builds costs shall be the responsibility of the Buyer. Other uses under M1 zoning: manufacturing facilities, enclosed warehousing and storage, contractor shops, multi-tenant industrial building, factory outlets, professional offices, data processing centers, automobile sales and service businesses, car washes, banquet halls, fitness clubs, commercial schools, laboratories, printing establishments, catering operations, conference centers and commercial entertainment uses. (id:66096)
Property Details
MLS®
S13453738
Property Type
Vacant Land
Zoning
M1
Lot Size
6.55 acres
Frontage
314 ft
Price per Acre
$228,855 per acre
Property Tax
$6,969.63/yr
Listed
141 days ago
Features
Lot Features
Irregular lot size
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
141d
Midland listings, avg age
99d
List price
$1.50M
Long Listed: 141 days on market, against an average age of 99 days across the listings currently for sale in this city
Market timing · days on market0 → 99d avg age of current listings
Long Listed · day 141
Haho
This vacant land in Midland is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by RE/MAX Georgian Bay Realty Ltd · JOHN EPLETT
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (L4R)
This home lists at $1,499,000, about 21.3× the local median household income of $70,500.
Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 315% above 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)
$1,499,000
For sale
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Financing
Need a commercial mortgage?
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.
