253 King Street, Midland, ON L4R 3M4
$849,900
$849,900

253 King Street

Midland, Midland, Simcoe $849,900

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Lane Garage
Parking for 2
Zoning: DC-F2
MLS®#:
S12950942
Property Type:
Commercial Retail
Property Style:
Area:
Simcoe
Community:
Midland
Taxes:
$8,927 / 2025
Added:
April 02 2026
Lot Frontage:
18.36
Lot Depth:
175.5
Status:
Active
Outside:
Year Built:
100+
Brokerage:
Team Hawke Realty
Lot :

175

18

BIG LOT

Intersection:
Hugel Ave
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Partial
Heating Type:
Baseboard
Heating Fuel:

Listing Details

Don't miss this exceptional chance to own a solid, income-generating building in a high-visibility downtown location just two blocks from Midland's scenic waterfront. This mixed-use property features two built-in residential tenants-one on a month-to-month lease and another under contract until March 2026-along with a vacant ground-floor commercial retail space ready for your business or next tenant. Formerly home to Midland's longest-running bakery, the main floor retail space includes a commercial range hood and commercial bread oven, offering an ideal setup for a food-based business, but also zoned for many permitted uses. At the rear, the property backs onto a public parking lot, ensuring easy access and high foot traffic-a huge plus for commercial tenants. A key upgrade is the new flat roofing system (2022). The second floor features two residential apartments, one of which has been fully renovated with a modern kitchen, new appliances, updated flooring, bathroom & lighting, fixtures, and soaring loft-style ceilings. A great opportunity to relocate your business, start a new venture or add this to your portfolio.

Commercial Rang Hood, Stubbard Super Baker Oven, Res. Stove x2, Fridge x2, Washer and Dryer

Insights

  1. Income-Generating Potential: This property includes two residential tenants, providing immediate rental income, with one tenant secured until March 2026, making it a stable investment opportunity.
  2. Prime Location: Situated in a high-visibility downtown area just two blocks from Midland's waterfront, the property benefits from significant foot traffic and accessibility, enhancing its appeal for commercial tenants.
  3. Ready for Business: The vacant ground-floor retail space is equipped with a commercial range hood and bread oven, making it ideal for food-related businesses, while also being zoned for various other uses, offering flexibility for potential buyers.

Neighborhood Overview

Complete neighborhood profile for 253 King Street

Midland home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Midland
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)