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551 Bay Street, Midland, ON, L4R 1L4

MLS® # 40666889
new listing
Commercial For Sale In Midland, Ontario
$749,900
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
551 Bay Street, Midland, ON
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ACTIVE
551 Bay Street, Midland, ON, L4R 1L4
$749,900

Property Information:

This is your chance to own a well established convenience store along with the building it’s housed in. All located in the heart of downtown Midland. Operating successfully for nearly three decades, this business has been meticulously maintained, offering a clean and organized space. Buyers can see exactly what they’re getting, with no surprises. The building, constructed of durable concrete block and plaster, features a spacious, open floor plan, providing flexibility for various uses. With excellent frontage on Bay Street, you’ll benefit from high visibility in a bustling area across from Midland’s scenic harbourfront on Georgian Bay. The location at the base of downtown sees substantial foot traffic, enhanced by a beloved coffee shop and popular cannabis store across the street. Beyond the great location, the back areas of the building are a mentionable highlight, featuring an unobstructed floor plan and a 12' bay door for interior loading or parking. This versatile space opens up opportunities for additional business ventures or enhanced storage and operations. This is a turnkey opportunity in a thriving community with potential for the business to grow. NOTE: Business is currently listed for sale under MLS® 40666902

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: None
  • Construction Materials: Block, Stucco
  • Floor Space (approx): 4682 Square Feet
  • Interior Features: High Speed Internet
  • Lot Depth: 107 Feet
  • Lot Features: Business Centre, City Lot, High Traffic Area, Marina, Public Transit, Schools, Visual Exposure
  • Lot Frontage: 50.00 Feet
  • Parking Features: Attached Garage
  • Road Frontage Type: Municipal Road, Public Road, Year Round Road
  • Road Surface Type: Paved
  • Utilities: Electricity Connected, Natural Gas Connected, Street Lights
  • Water Source: Municipal
  • Zoning: DC-F2
  • Sewer: Sewer (Municipal)

Courtesy of: Team Hawke Realty, Brokerage

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

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Market Price Trends

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Location of 551 Bay Street, Midland, ON, L4R 1L4

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, 551 Bay Street , experiences 7 hot days per year at around 30.2 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 33.7 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.7℃

# 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

67/100

Moderate-High

ClimateCheck®

Current data

This property, 551 Bay Street , experiences 11 significant 2-day storms per year, with about 322.5mm 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 411mm of precipitation per year.

Precipitation Per Storm

Past
322.5mm
2050
411mm

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.

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Demographic Information of 551 Bay Street, Midland, ON, L4R 1L4

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

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

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