Midland Commercial Properties for Sale

Commercial Real Estate in Midland available for sale

Midland Commercial Property for Sale

2 Tessier Dr

Penetanguishene, ON L9M 1V4

Multifamily for Sale
$2,980,000 CAD
7,692 SF

Air Conditioning
Security System
Controlled Access
Kitchen
Smoke Detector

Penetanguishene Multifamily for Sale - Northern GGH

If you are looking for an absolutely turn key 12-unit apartment building, this is it. Priced at a 6.2 cap rate. This building has had extensive renovations in the past 5 years. You will not find a better investment opportunity. 9 one-bedroom apts and 2 one-bedroom with dens and 1 two-bedroom with new kitchens, bathrooms, flooring, doors, trim, some new electrical and plumbing, drywall, heating, laundry room, security room, paved parking, appliances, fire and smoke system, and revamped decks. Great downtown Penetanguishene location, walking distance to shopping, restaurants, and a beautiful trail system along the waterfront park on Georgian Bay. Very easy to find quality tenants in this location. Minimum 36 hours' notice to show the building. First visit, we will set up only 3 apartments to give you a good feel of the property. Listing agent must be present for all showings. Financials available upon request.

Contact:

Team Hawke Realty

Property Subtype:

Apartment

Date on Market:

2025-11-24

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361&365 King Street

Office for Sale
$3,950,000 CAD
12,849 SF
2 Office Properties

Midland Portfolio of properties for Sale - Northern GGH

An extraordinary chance to own not just one, but two exceptional commercial properties, strategically paired to offer an unmatched business potential. Nestled on vibrant King Street, these properties present a compelling blend of versatility, visibility, and value, making them a prime choice for investors and ambitious entrepreneurs alike. 365 King Street spans 2,309 square feet, offering a spacious open floor plan, perfectly suited for a range of commercial endeavors, and plenty of parking for both employees and clientele. 361 King Street is a two-story commercial establishment boasting 10,541 square feet of premium space, equipped with an elevator, and multiple egresses. Its expansive half-acre lot presents opportunities for potential severance, with access from Midland Avenue. Seize this rare opportunity to secure your foothold in the heart of the action.

Contact:

Team Hawke Realty

Date on Market:

2025-10-09

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169 Elizabeth St

Midland, ON L4R 1Y3

Industrial for Sale
$949,900 CAD
4,945 SF

Midland Industrial for Sale - Northern GGH

Unlock the potential of this versatile 4945 sqft light industrial building, perfectly suited for a wide range of business uses. Set on 0.65 acres with excellent visibility, the property offers generous space, flexible configuration, and strong curb appeal. Currently arranged as two separate units, the building can easily be adapted to meet the needs of a single business or multiple tenants. Features include steel siding, metal roof, full insulation, 600 amp/3-phase power, two 12' x 11' overhead doors and approximately 14' ceiling clearance. The site is exceptionally well maintained and offers ample on-site parking. Beyond its current layout, there’s room to explore further opportunities such as additional buildings, outdoor storage units, or other permitted uses (see full list in photos). Whether you’re looking for a new headquarters, a smart investment with an A+ tenant in place, or a property that could be delivered with vacant possession, this Midland location is a rare find.

Contact:

The Walker Team - Keller Williams Experience Realt

Date on Market:

2025-09-18

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361 King St

Midland, ON L4R 3M7

Office for Sale
$2,999,000 CAD
10,540 SF

Midland Office for Sale - Northern GGH

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.

Contact:

Team Hawke Realty

Date on Market:

2024-05-28

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More details for 189 Pillsbury, Midland, ON - Land for Sale

Development Land - 189 Pillsbury

Midland, ON L4R 0A3

Land for Sale
$1,470,000 CAD
10.32 AC Lot

Midland Land for Sale - Northern GGH

Proposed Development of 4 self-storage buildings; two single-storey, 10,118 sqft buildings, one two-storey, 21,000 sqft building and one three-storey 15,000 sqft building. Beautiful And Scenic Setting. Highway Commercial Zoning Allows For Many Uses Including Animal Hospital, Car Wash, Gas Bar, Auto Garage, Campground, Childcare Centre, Commercial Entertainment Establishment, Commercial School, Dry Cleaning, Fitness Centre, Funeral Home, Garden & Nursery, Motel & Hotel, Medical Use, Microbrewery, Pharmacy, Professional Office, Retail Store, Theater & More!

Contact:

RE/MAX Your Community Realty

Property Subtype:

Commercial

Date on Market:

2023-06-27

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48 Main St

Penetanguishene, ON L9M 1S8

Retail for Sale
$3,999,000 CAD
6,000 SF

Penetanguishene Retail for Sale - Northern GGH

The highly regarded and long-established Phil’s Family Restaurant, including the underlying real estate, is now available in the heart of downtown Penetanguishene. This well-known restaurant occupies approximately 1,600 sq ft, is licensed for 70 seats, and features a full commercial kitchen equipped with an 11-foot exhaust hood, two walk-in coolers, and 400-amp electrical service. The business benefits from excellent sales, strong and consistent income, and a loyal customer base, making it a proven operation with deep roots in the community. Above the restaurant are six fully tenanted residential apartments, bringing the total building size to approximately 4,400 sq ft across two levels. These income-producing residential units provide stable rental revenue that complements the restaurant operation and strengthens the overall investment profile—offering a rare opportunity to acquire a successful restaurant with built-in residential income. This offering is ideal for owner-operators or investors seeking a turnkey business combined with dependable rental cash flow. Training will be provided to ensure a smooth and successful transition for new ownership. Please do not attend the property directly or speak with staff. Located in the vibrant downtown core of Penetanguishene, the property enjoys excellent visibility and steady year-round pedestrian and vehicle traffic within a growing waterfront community. Penetanguishene is known for its strong local population, seasonal tourism, and proximity to Georgian Bay, marinas, parks, and cottage country, making it a desirable destination for both residents and visitors. The downtown area continues to benefit from ongoing investment and demand for dining and residential living. The six residential apartments have been fully renovated and are all occupied, providing reliable and consistent rental income. Each unit is separately metered for hydro, allowing for efficient management and reduced operating costs. The building is serviced by a 5-ton air conditioning unit, further enhancing tenant comfort and the long-term quality of the asset. This is a rare mixed-use opportunity combining a proven downtown restaurant, upgraded residential units, and a supply-constrained rental market. Well suited for investors seeking diversified income, strong fundamentals, and long-term appreciation in a thriving small-town downtown setting. Please do not go direct or speak to staff. Business is apart of building sale.

Contact:

Royal LePage Signature Realty

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-05

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261 King St

Midland, ON L4R 3M4

Retail for Sale
$529,900 CAD
4,000 SF

Midland Retail for Sale - Northern GGH

This 4,000 , 3 level, well cared for building has a multitude of retail and residential use options, due to its amazing location in downtown Midland. The picturesque town of Midland, being only a short 90 minute drive to Toronto, has evolved into a major tourist hub, attracting cottagers and tourist from around the globe. For the last 31 years the main retail level has been a successful ladies/mens footwear business, Shoes to Boot! The second level consists of 2 efficient one bedroom residential units. This building has been meticulously cared for and upgraded. Private parking, attractive court yard, front and back access, limitless downtown parking, and full lower level for storage. Great value for the savvy investor! Vacant possession of 2 apartments and commercial unit available.

Contact:

Team Hawke Realty

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-11-24

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Commercial Properties for Sale in Midland

View All Available Listings

How many commercial properties are available for sale in Midland?

There are currently 8 commercial properties available for sale in Midland, offering a unique opportunity for businesses to establish a presence.

How big are the commercial properties available for sale in Midland?

The average size of commercial properties available for sale in Midland is about 8,411 SF. The largest commercial properties available to buy is 12,849 SF and the smallest is 4,000 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for commercial properties in Midland?

The average market cap rate for commercial properties for sale is about 6.20% based on data provided in Midland. Learn more about how cap rates are calculated.

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