276 King Street, Midland

276 King Street, Midland, ON L4R3M6 Photo 1

15 Photos

276 King Street, Midland, ON L4R3M6 Photo 2
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276 King Street, Midland, ON L4R3M6 Photo 7
  • Living area: 7895 sqft
  • MLS®: 40481433
  • Type: Commercial
  • Added: 238 days ago

Property Details

Imagine the possibilities of owning this 7895 sqft commercial building in the heart of Midland’s newly revamped downtown core. With great exposure in this highly visible and high traffic area, this building features 3860 sqft of main floor retail space and 4035 sqft of second floor office/apartment space with a full kitchen and 2 full bathrooms. Great opportunity to add multi-residential units. Not to mention the full unfinished basement for ample storage! 3 parking spots behind the building and 2 parking spots in the garage. Roof is approx. 10 years old, windows 14 years old, 200 amp for the main and second floor, additional 100 amp for basement. The incredible investment opportunity for a building like this doesn’t come around often. Needs to be seen in person to truly appreciate the potential, history and character that this building has to offer. (id:1945)

Property Information

  • Sewer: Municipal sewage system
  • Stories: 2
  • Basement: Full
  • Utilities: Electricity, Telephone
  • Directions: Hwy 12 to King St - Between Hugel Ave and Easy St
  • Living Area: 7895
  • Photos Count: 15
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parking Total: 5
  • Common Interest: Freehold
  • Parking Features: Attached Garage
  • Subdivision Name: MD02 - West of King Street
  • Tax Annual Amount: 12027
  • Exterior Features: Brick
  • Building Area Total: 7895
  • Community Features: High Traffic Area
  • Foundation Details: Stone
  • Lot Size Dimensions: 0.112
  • Zoning Description: DC-F2
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Nearby Places

Name Type Address Distance
The Library Restaurant Restaurant 526 Hugel Ave 0.1 km
Papas Pizza Mamas Chicken Buy 1 Or 2 It's Up 2 U Restaurant 301 King St 0.1 km
Riv Bistro The Restaurant 249 King St 0.1 km
Ciboulette Et Cie Inc Restaurant 248 King St 0.1 km
Sainte-Marie among the Hurons Museum 16164 Highway 12 0.1 km
Dino's Fresh Food Deli Restaurant 319 King St 0.1 km
Cellarman's Alehouse The Bar 337 King St 0.2 km
Midland, Ontario It is part of the Huronia region of Central Ontari... 0.2 km
Explorers Cafe The Restaurant 347 King St 0.3 km
Pizza Pizza Restaurant 395 King St 0.4 km
Huronia Museum and Huron Ouendat Village Art gallery 549 Little Lake Park Rd 0.8 km
Huronia Museum The museum consists of the museum building (housin... 0.9 km
Similar Commercial listings Stat in Midland
We have found 6 Commercial that closely match the specifications of the property located at 276 King Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 749,900 and 1,280,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the L4R3M6 postal code area of Midland Ontario Canada.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 20
Certificate of Qualification 15
College 85
University degree at bachelor level or above 25

Neighbourhood Marital Status Stat

Married 110
Widowed 20
Divorced 50
Separated 30
Never married 125
Living common law 45
Married or living common law 155
Not married and not living common law 230

Neighbourhood Construction Date

1961 to 1980 35
1981 to 1990 10
1991 to 2000 10
1960 or before 180
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    This is an exceptional opportunity for the large empty former hotel Commodore building on Main Street This existing 3 story building, approximately 20,000 ft²f above grade with basement, unoccupied old hotel empty building planned to be renovated into high end boutique style Parisian hotel. There is a space for 4,000 square feet restaurant on the main floor, bar/lounge on the 1st floor and basement perfect for a banquet hall and outdoor patio. Also, by adding additional floors with lake view it could become a “gold mine” for investors perfect for development of luxury hotel or condominiums for both business and leisure travelers. My original design should change by adding additional top floor making it a spectacular revenue generator. I have complete architectural drawings ( for my original concept before the market boom), engineering reports; have temporary electricity and new water pipes from town, original sprinkler system infrastructure plus about 70 new windows inventory ready to be installed. The architectural drawings need to be re-done to include the additional floor on the top to maximize the revenue. The town is bilingual, speaking both English and French, just 90 minutes from Toronto by HWY 400, via Highway 93 and Highway 12, embracing recent “boom” of high net worth cottage buyers and 4 seasons. This picturesque location is at the southern tip of beautiful Georgian Bay is a playground for boating, winter skiing in nearby Collingwood, beautiful beaches, horseback riding and forest. This is a world class tourist destinations for over hundreds high end vacation homes and cottages, 7 marinas and yacht centers offering generating huge boating traffic. The Huronia Airport, famous historical sites and, the Waypoint Centre for Mental Health Care, with many international visiting doctors, Martyrs Shrine ( Visited by the Pope) with more than 150,000 pilgrims and tourists visiting each year. There is a huge need for accommodation, high end boutique hotel accommodation, condominiums, gourmet restaurant and retirement living. The view of the bay from this property will make any development have an exceptional appeal to developers. This could be developed into condominiums, retirement condo, apartment building or a boutique hotel. It is located on Georgian Bay with lake view from the windows. 1. It comes with architectural plans and PlanIT drawings 2. It can have additional floors added for up to height is 13.5 meters according to current permits but it may be negotiated with Township that is eager to have this build 3. Interior demolition/reno permit ( on the window) 4. 50-70 new windows stock on site 5. Full architectural drawing by RENOR & ASSOCIATES INC. Architects 6. temp Electric panel 7. Surveillance cameras installed outside the building , the computer surveillance system available 9. Insurance by Commercial Lines . 10. In 2018 I had a water to the property upgraded: WATER INSTALLATION INCREASED WATER SERVICE FROM 25MM TO 38MM 11. Land Size 90.03 x 160 FT ...
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