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262 King St 2,725 SF 100% Leased Retail Building Midland, ON L4R 3M3 $699,000 CAD ($256.51 CAD/SF)
INVESTMENT HIGHLIGHTS
- Open Zoning & Many Permitted Uses
- Retail Store with 2 residential 1 bedroom units above
- 2 Dedicated Parking Spaces
- Well Located Retail Asset on Busy Downtown Midland
EXECUTIVE SUMMARY
Lennard Commercial Realty Brokerage (the “Advisors” or “Lennard”) has been retained on an exclusive basis by the Vendor to offer for sale a 100% interest in a commercial asset located at 262 King Street (the “Property”). The property is located in Midland, Ontario.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,725 SF
Building Class
C
Year Built
1900
Price
$699,000 CAD
Price Per SF
$256.51 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.89
Lot Size
0.07 AC
Zoning
DC-F2 - Downtown Core Commercial
Frontage
23’ on King
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (78)
NEARBY MAJOR RETAILERS
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262 King St
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