509 King Street Midland, Ontario L4R 3N5
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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:58072)
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