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509 King Street Midland, Ontario L4R 3N5

2400 sqft

$549,000

This is a perfect opportunity for passive income. The property is about .25 acres and has an existing convenience store on the main floor as well as a 2 bedroom apartment above. There is ample parking and it's in a high traffic area near the downtown core. The convenience store still has a lease for about 4 years and the apartment is currently rented out on a monthly basis. The store has a walk in cooler which accesses the bank of refrigerators and a storage room and washroom. *** This is land and building only. Existing business and tenant will remain *** (id:43390)

Property Details

MLS® Number 40599936
Property Type Other
AmenitiesNearBy Hospital, Marina, Public Transit, Schools
CommunityFeatures High Traffic Area
Features Visual Exposure

Building

BasementType None
ConstructionMaterial Concrete Block, Concrete Walls
ExteriorFinish Concrete, Vinyl Siding
FoundationType Poured Concrete
StoriesTotal 2
SizeExterior 2400.0000
SizeInterior 2400 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Hospital, Marina, Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 165 Ft
SizeFrontage 66 Ft
SizeIrregular 0.25
SizeTotal 0.25 Ac|1/2 - 1.99 Acres
SizeTotalText 0.25 Ac|1/2 - 1.99 Acres
ZoningDescription Hc

https://www.realtor.ca/real-estate/27011601/509-king-street-midland

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Michael Belsey
Salesperson


Royal LePage In Touch Realty, Brokerage (Honey Harbour)
2604 A Honey Harbour Road
Honey Harbour, Ontario P0E 1E0

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