Log In/Sign Up
Your email has been sent.
262 King St 2,725 SF 100% Leased Retail Building Midland, ON L4R 3M3 $395,446 USD ($145.12 USD/SF)
Executive Summary
Power of Sale. Prime Investment Opportunity. Fully occupied/stabilized commercial/retail asset with rental upside. Located in Downtown Midland. Steady cashflow assets, 7% cap rate on existing income. Premium Cannabis retail store and 2 residential 1 BD units above. 3 Dedicated parking spots. Lots of walking and vehicular traffic. Excellent signage on busy downtown. Fast growing market of Midland ON just off the Georgian Bay.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,725 SF
Building Class
C
Year Built
1900
Price
$395,446 USD
Price Per SF
$145.12 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.89
Lot Size
0.07 AC
Zoning
DC-F2 - Downtown Core Commercial
Frontage
23’ on King
Exceptionally walkable
90/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
262 King St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.