282 king street, midland

282 king street

midland

$1,095,000

Fully-Leased 6-Unit Downtown Core Commercial Building, With Main Floor Commercial & 5 Residential Units Above, In The Heart Of Midland’s Main Retail District. Commercial Main Floor, Currently Operating As A Successful 149-Seat Restaurant, Has Been Completely Renovated, Along With The Exterior, In 2016. Roof Completely Redone In 2022. Great Long-Term Tenants In Place With Good Income And Huge Upside Potential. Property Backs Onto A Massive Municipal Parking Lot Offering Phenomenal Exposure Along Both King Street And At Rear Of Building. Extremely High Traffic Location With Both Drive-By & Walk-In Traffic. Full Height, Fully Finished Basement Offers Additional Potential. Wheelchair Accessible. Very Well Maintained. Please Contact For Financials. (id:38782)

Listing ID: 40498131

Details

  • Amenities NearbyPublic Transit
  • CommunicationHigh Speed Internet
  • Community FeaturesHigh Traffic Area
  • FeaturesVisual exposure
  • OwnershipFreehold
  • SignSignband
  • TransactionFor sale
  • Zoning DescriptionDC

Building

  • CoolingNo
  • Levels2
  • PoolNo
  • SewerMunicipal sewage system
  • Stories2

Land

  • Size Frontage27 ft
  • AmenitiesPublic Transit
  • SewerMunicipal sewage system
  • Size Depth158 ft