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361 King St 10,540 SF 83% Leased Office Building Midland, ON L4R 3M7 $2,999,000 CAD ($284.54 CAD/SF)

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Investment Highlights

High Traffic Location
The interior layout offers endless possibilities for customization to suit

Great Visual Exposure
Potential severance, with access coming from Midland Avenue

Executive Summary

Welcome to the epitome of downtown sophistication. Nestled in the vibrant heart of Midland, this pristine commercial building offers a fantastic opportunity for businesses seeking prominence and prestige. Boasting 10,541 total square feet of meticulously maintained space, this property stands as a beacon of distinction in one of the town's most coveted locations. The interior layout offers endless possibilities for customization to suit the unique needs of any business, and is also equipped with an elevator. Whether envisioning a boutique retail space, a chic restaurant, or a dynamic office headquarters, the expansive floor plan provides plenty of room for creativity. Aside from the building itself, the half acre downtown lot runs back a city block, leaving you room for potential severance, with access coming from Midland Avenue.

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Building Size

10,540 SF

Building Class

Year Built

1970

Price

$2,999,000 CAD

Price Per SF

$284.54 CAD

Percent Leased

83%

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

5,270 SF

Building FAR

0.47

Lot Size

0.51 AC

Zoning

DC-F2 - Commercial

Parking

40 Spaces (3.8 Spaces per 1,000 SF Leased)

Space Availability

Space
Size
Space Use
Build-Out
Available

1st Fl-Ste 1E
1,836 SF
Office
Full Build-Out
Now

Client Rmks: Tucked away at the rear of this downtown Midland building, this commercial unit offers a unique layout and finishings that set it apart. The space is well-suited for creative offices, boutique services, or wellness based businesses looking for something a little different. One of the standout features is the walk-out to a private stone patio, perfect for staff breaks, client meetings, or creating a welcoming outdoor experience. Functional, flexible, and full of character, this unit combines privacy with access, all in a central downtown location with ample on-site parking. NOTE: Various layouts available.