2850 sqft
$949,900
Investment Opportunity. Downtown Commercial/Residential Building In Prime Downtown Midland Location. Searching For A Turnkey Fully Tenanted Building With Good Income? Here It Is! This Building Has 2- One Bedroom Apartments Situated Above A 1,300 Sq Ft Commercial Unit, All With Separate Meters And Parking At The Back Of The Building. Located Just A Couple Of Blocks From Midland's Waterfront, Marina, Park, Dining On Beautiful Georgian Bay. Upgrades In The Past 5 Years Include Store Renovations, Electrical, Foam Insulation, Back Of Roof, Plus Minor Improvements Such As New Faucets Etc., For The Apartments.**** EXTRAS **** Taxes: About $5,100/Year. Water: About $900/Year. Net Operating Income $40,500. (id:49187)
Business
Business Type
|
Retail and Wholesale |
Business Sub Type
|
Retail misc. |
Property Details
MLS® Number
|
S5666762 |
Property Type
|
Retail |
Community Name
|
Midland |
Building
Size Interior
|
2850 Sqft |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Irregular
|
20 X 108 Ft |
Size Total Text
|
20 X 108 Ft |
https://www.realtor.ca/real-estate/24567219/262-king-st-midland-midland