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253 King St
Midland, ON L4R 3M4
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Includes vacant ground-floor retail space plus two residential units—one fully renovated with modern finishes and loft-style ceilings.
  • Property backs onto a public parking lot, ensuring easy customer access and added exposure.
  • Just two blocks from Midland’s scenic waterfront, offering high visibility and strong foot traffic.

EXECUTIVE SUMMARY

Don't miss this exceptional chance to own a solid, income-generating building in a high-visibility downtown location just two blocks from Midland's scenic waterfront. This mixed-use property features two built-in residential tenants-one on a month-to-month lease and another under contract until March 2026-along with a vacant ground-floor commercial retail space ready for your business or next tenant. Formerly home to Midland's longest-running bakery, the main floor retail space includes a commercial range hood and commercial bread oven, offering an ideal setup for a food-based business, but also zoned for many permitted uses. At the rear, the property backs onto a public parking lot, ensuring easy access and high foot traffic-a huge plus for commercial tenants. A key upgrade is the new flat roofing system (2022). The second floor features two residential apartments, one of which has been fully renovated with a modern kitchen, new appliances, updated flooring, bathroom & lighting, fixtures, and soaring loft-style ceilings. A great opportunity to relocate your business, start a new venture or add this to your portfolio.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,150 SF
Building Class
C
Year Built
1920
Price
$613,868 USD
Price Per SF
$147.92 USD
Percent Leased
41%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.12
Lot Size
0.80 AC
Zoning
DC-F2 - Downtown Core Commercial
Parking
2 Spaces (0.48 Spaces per 1,000 SF Leased)
  • Listing ID: 38241561

  • Date on Market: 10/28/2025

  • Last Updated:

  • Address: 253 King St, Midland, ON L4R 3M4

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