$5,495,000

For sale

8870 County 93 Road, Midland - Retail for Sale

8870 County 93 Road, Midland, Ontario, L4R4K4

1 bath20 parking2,510 ft²115 acres lot sizeListed 78 days ago

Overview

This retail property in Midland is for sale offering roughly 2,510 sq ft of space. It has been on the market 78 days, fresher than the Midland average of 99 days.

Retail Space for Sale in Midland →All real estate in Midland →

Description

Great development opportunity on HWY 93 in Midland. Sewers and water are going to be coming across this property in the near future. Potential for commercial development on the highway with over 100 acres left for a residential development. This property has frontage on the HWY as well as Marshall Road increasing the development potential. Currently, the property has a very well maintained century home, an ongoing farm, along with a 3,600 square foot machine shop that is currently zoned as a machine shop. This property is close to hospitals, shopping, Huronia Regional Air Port. Current zoning is Rural RU-11, EP. There is approximately 8 acres that are zoned EP. Propane tank is used for the drive shed only. Lot Dimensions: 202.68 ft x 5,385.54 ft x 65.98 ft x 1,809.33 ft x 1,312.05 ft x 3,389.39 ft x 401.00 ft x 199.92 ft x 382.29 ft x 234.12 ft x 388.85 ft (id:66096)

Property Details

MLS®: S13686852
Property Type: Retail
Zoning: RU-11, EP
Bathrooms: 1
Parking: 20
Interior Size: 2,510 ft²
Lot Size: 115 acres
Frontage: 382 ft
Heating: Forced air, Natural gas
Cooling: None
Garage: Other
Property Tax: $8,300/yr
Listed: 78 days ago

Features

Appliances: Washer, Dishwasher, Dryer, Microwave, Window Coverings
Lot Features: Crane

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

78d

Midland listings, avg age

99d

Price / ft²

$2,189

List price

$5.50M

Haho

This retail in Midland has been listed for 78 days, which is 21 days fresher than the city average of 99. Act while there is still low competition.

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Listed by Team Hawke Realty · JIM HAWKE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4R)

This home lists at $5,495,000, about 77.9× the local median household income of $70,500.

Carrying it typically needs a household income of about $1,073,366 (20% down, 25-yr amortization, stress-tested) — roughly 1423% 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)

$5,495,000· $2,189/ft²

For sale

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Financing

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