280 King Street, Midland, Ontario L4R3M6

Listing courtesy of Royal LePage In Touch Realty.

$710,000
4,603
SqFt

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List Price
$710,000
MLS®
S13440328
Days on Market
47
Status
ACTIVE
Type
Commercial
Subtype
Retail
Living Area
4,603
Lot Size Dimensions
Bldg=22 x 158 FT
Subdivision
Midland

Property Description

FIRST TIME OFFERED FOR SALE! Own a piece of downtown Midland history with this iconic, high-exposure commercial/residential building, famously known as "Johnstone's Music Land." Serving the Southern Georgian Bay community for over 80 years, this landmark property at 280 King Street offers unparalleled visibility and footprint in the heart of our vibrant main street business district.The main level features a massive, open-concept commercial retail space with soaring ceilings and large front display windows that flood the interior with natural light-perfect for retail, professional offices, a trendy restaurant, or a boutique clinic. Expand your footprint or inventory storage into the full, sprawling basement running the length of the building.The incredible bonus? A private, separate entrance leads to a spacious 2 - 3 bedroom apartment directly above the retail storefront. Perfect as a primary residence for an owner-operator, a premium long-term residential rental, or a lucrative short-term rental catering to Georgian Bay tourists.Unbeatable location with high foot traffic, ample street parking, Rare 5 car private parking at rear and close proximity to the Midland harbourfront, restaurants, and local amenities. Don't miss this rare, multi-generational investment opportunity to live, work, and invest in Downtown Midland! (id:5764)

Additional Information

Subdivision
Midland
Cooling
None
Country
Canada
Heating
Baseboard heaters

Mortgage Calculator

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Calculator source: Real Geeks