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337 King Street, Midland, ON, L4R 3M7

MLS® # 40673993
Commercial For Sale In Midland, Ontario
$999,000
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
337 King Street, Midland, ON
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ACTIVE
337 King Street, Midland, ON, L4R 3M7
$999,000

Property Information:

Prime Downtown investment opportunity with two versatile buildings. This is a rare chance to invest in two well- established commercial buildings with a rich history of family-owned business for over 50 years. Nestled in the heart of the downtown core of the quaint town of Midland, these buildings offer ample parking with two driveways and private rear parking, making them incredibly multifaceted and attractive for various uses. Being in this location these buildings benefit from high foot traffic and proximity to all essential amenities. The parking in the back provides convenience for customers, clients or tenants. These buildings are available for immediate possession, allowing you the flexibility to configure them for your own business ventures/ ideas. With a total combined space of 4235 SqFt. ( 2666 SqFt. Former Pub + 1569 SqFt. of Commercial Space) These buildings can easily be tailored to suite two or more different business's such as .. restaurant, retail spaces, office suites, wine bar, café, medical or dental clinic and more! Take advantage of this once-in-a -lifetime opportunity to acquire 2 buildings with tremendous potential for future growth and income. Book your showing today!

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: None
  • Floor Space (approx): 2666 Square Feet
  • Lot Features: Ample Parking, Business Centre, City Lot, High Traffic Area, Highway Access, Hospital, Marina, Public Transit, Schools
  • Lot Frontage: 13.67 Feet
  • Water Source: Municipal
  • Zoning: DC-F2
  • Sewer: Sewer (Municipal)

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Location of 337 King Street, Midland, ON, L4R 3M7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 337 King Street , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 33.8 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
33.8℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

65/100

Moderate-High

ClimateCheck®

Current data

This property, 337 King Street , experiences 11 significant 2-day storms per year, with about 319.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 406mm of precipitation per year.

Precipitation Per Storm

Past
319.4mm
2050
406mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 337 King Street, Midland, ON, L4R 3M7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$72,249.69

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.17 %

High school certificate or equivalent

33.84 %

Apprenticeship trade certificate/diploma

8.23 %

College/non-university certificate

23.24 %

University certificate (below bachelor)

0.06 %

University Degree

12.45 %

Commuter

Travel To Work

By Car

71.61 %

By Public Transit

0.0 %

By Walking

23.05 %

By Bicycle

0.02 %

By Other Methods

5.32 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.85 %

Houses

53.15 %

Own Vs. Rent