289 King Street, Midland
A rare opportunity to own a landmark mixed-use building in the heart of Midland's historic downtown core. Formerly home to the beloved Uncle Roy's restaurant, this versatile property offers the ideal combination of commercial space and residential income potential. The main-floor commercial space is well suited for a restaurant, café, retail store, professional office, or a variety of other business ventures. Much of the existing restaurant equipment remains on site, providing an excellent opportunity for entrepreneurs looking to establish a new dining destination with reduced start-up costs. The current owner has made substantial investments in updating and improving this historic building while preserving its character and street appeal. The commercial space features modern finishes and a welcoming atmosphere, creating a turnkey opportunity for a wide range of uses. Above the commercial space are two very nicely updated residential apartments, each with separate heat sources, offering the flexibility to live on-site while operating your business below or generate additional rental income from both units. The full basement provides extensive storage and utility space, with partial finishing including drywall, excellent lighting, and a convenient 2-piece washroom. A security gate protects the front entrance, providing added peace of mind when the business is closed. Rear access to the building opens directly onto a municipal parking lot with free public parking, offering convenient access for customers, tenants, and staff. Heat sources include gas powered hot water radiant as well as forced air gas and a heat pump in one of the apartment units. Whether you're an entrepreneur seeking a live-work opportunity or an investor looking for a well-maintained mixed-use property with multiple income streams, this downtown Midland property presents exceptional potential in a high-visibility location. (id:1945)
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Property details for 289 King Street, Midland
- Type
- Commercial
- Bathrooms
- 7
- Living Area
- 5,869 square feet
- Lot Size
- 0.08
- Heating
- Hot water radiator heat, Forced air, Natural gas, Radiator
- Cooling
- Fully air conditioned
- Annual Taxes
- $12,325 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 289 King Street
Active Listings
1
Min Price
$1,320,000
Max Price
$1,320,000
Avg Price
$1,320,000
Days on Market
126
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Midland, Ontario
Population
462
Median Age
43.9
Median Income
$21,781
Dwelling Value
$200,502
Housing Tenure
Owners 34%
Renters 68%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 1,894.2/km²
Avg Shelter Cost: $1,169/mo
Owners with Mortgage: 60%
Owners Spending 30%+: 33.3%
Tenants Spending 30%+: 61.3%
English only: 88%
English and French: 12%
Median Household Income: $35,456
Median Employment Income: $20,352
Price History
Listed
June 1, 2026
by Real Broker Ontario Ltd.
Current Price
$1,320,000
Type
Commercial
For Sale
