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555 Bay Street, Midland, ON, L4R 1L4

MLS® # 40641582
Commercial For Sale In Midland, Ontario
$599,900
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
555 Bay Street, Midland, ON
  • Advertising
ACTIVE
555 Bay Street, Midland, ON, L4R 1L4
$599,900

Property Information:

Exciting Opportunity for Entrepreneurs and Restaurateurs are you ready to turn your dream of owning a restaurant into reality? Or perhaps you're looking for prime retail or office space in a thriving location? Look no further! We have an incredible opportunity for you in downtown Midland! Property Location: Downtown Midland, directly across from the lake Size: 3,400 sq ft of versatile commercial/residential space Features: Fully Equipped Restaurant/Commercial Unit Residential Rental Potential: Opportunity for 2 one-bedroom units Upstairs Recent Upgrades Include: Commercial Kitchen: Gas stove, new insulation, plumbing, flooring, paint, lighting, and modern fixtures Parking: 6 private spots plus ample free public parking Why This Location? High Visibility: Centrally located in the heart of Midland Great Potential: Perfect for a new restaurant, retail business, or office space Versatile Space: Excellent for future expansion or customization don't miss out!

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: None
  • Construction Materials: Vinyl Siding
  • Lot Depth: 107 Feet
  • Lot Features: Rectangular, City Lot, High Traffic Area, Hospital, Marina, Public Transit, Visual Exposure
  • Lot Frontage: 50.00 Feet
  • Road Frontage Type: Municipal Road
  • Security Features: Carbon Monoxide Detector(s)
  • Utilities: Electricity Connected, Natural Gas Connected, Recycling Pickup
  • Water Source: Municipal
  • Zoning: DCF2
  • Sewer: Sewer (Municipal)

Courtesy of: Keller Williams Experience Realty Brokerage, Keller Williams Experience Realty, Brokerage (255 King St)

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 555 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: High

31 hot days expected in 2050

45/100

High

ClimateCheck®

Current data

This property, 555 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:

14 storms expected in 2050

67/100

ClimateCheck®

Current data

This property, 555 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 555 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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