This 4,000 , 3 level, well cared for building has a multitude of retail and residential use options, due to its amazing location in downtown Midland. The picturesque town of Midland, being only a short 90 minute drive to Toronto, has evolved into a major tourist hub, attracting cottagers and tourist from around the globe. For the last 31 years the main retail level has been a successful ladies/mens footwear business, Shoes to Boot! The second level consists of 2 efficient one bedroom residential units. This building has been meticulously cared for and upgraded. Private parking, attractive court yard, front and back access, limitless downtown parking, and full lower level for storage. Great value for the savvy investor! Vacant possession of 2 apartments and commercial unit available.
- MLS®#:
- S13069228
- Property Type:
- Commercial Retail
- Property Style:
- Area:
- Simcoe
- Community:
- Midland
- Taxes:
- $7,083 / 2025
- Added:
- May 01 2026
- Lot Frontage:
- 22
- Lot Depth:
- 175.5
- Status:
- Active
- Outside:
- Year Built:
- 51-99
- Brokerage:
- Team Hawke Realty
- Lot :
-
175
22
BIG LOT
- Intersection:
- Highway 93 to Yonge Street (East) to King Street to #261
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Yes
- Heating Type:
- Gas Forced Air Open
- Heating Fuel:
Listing Details
Insights
- Prime Location: Situated in downtown Midland, this property benefits from high foot traffic and visibility, making it ideal for retail and residential use. Its proximity to Toronto (only 90 minutes away) enhances its appeal as a tourist destination.
- Diverse Income Potential: The property features a successful retail space on the main level and two residential units on the second level, providing multiple streams of income for investors. The long-standing retail business adds credibility and stability to the investment.
- Well-Maintained and Upgraded: This building has been meticulously cared for and upgraded, ensuring that it is ready for immediate use. The presence of private parking, an attractive courtyard, and ample storage space adds significant value and convenience for both commercial and residential tenants.
Neighborhood Overview
Complete neighborhood profile for 261 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)
