$2,999,000
Midland
361 King Street, Midland, Ontario, L4R3M7
This office property in Midland is for sale offering roughly 10,541 sq ft of space.
Welcome to the epitome of downtown sophistication. Nestled in the vibrant heart of Midland, this pristine commercial building offers a fantastic opportunity for businesses seeking prominence and prestige. Boasting 10,541 total square feet of meticulously maintained space, this property stands as a beacon of distinction in one of the town's most coveted locations. The interior layout offers endless possibilities for customization to suit the unique needs of any business, and is also equipped with an elevator. Whether envisioning a boutique retail space, a chic restaurant, or a dynamic office headquarters, the expansive floor plan provides plenty of room for creativity. Aside from the building itself, the half acre downtown lot runs back a city block, leaving you room for potential severance, with access coming from Midland Avenue. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 217 days on market, against an average age of 99 days across the listings currently for sale in this city
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Approximate location — exact address confirmed upon showing
This home lists at $2,999,000, about 42.5× the local median household income of $70,500.
Carrying it typically needs a household income of about $585,810 (20% down, 25-yr amortization, stress-tested) — roughly 731% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4R)
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