For Sale

505 King Street, Midland, Ontario L4R 3N5

$0

505 King Street, Midland, Ontario L4R 3N5 is For Sale and has a listing price of 969,000. The property is located in the Midland neighbourhood . It's been on the website for 15 Days.

  • MLS ID: S12444566
  • Office Name Royal LePage In Touch Realty
Property Description

Here’s your chance to own a property that generates passive income. The property is about .25 acres and has an existing building with a wine store and restaurant on the main floor as well as a spacious 2 bedroom apartment above. There is parking along the side and off the back with access from both King Street and Nelson Street. It’s in a high traffic area near the downtown core. *** This is land and building only. Existing businesses and tenant will remain ***

Property Details
  • MLS ID: S12444566
  • Price: $969,000
  • Lot Depth: 165
  • Transaction Types: For Sale
  • Ref ID: S12444566
  • Year Built: N/A
  • Dir / Cross St: Robert
  • Status: Active
  • Tax Year: 2025
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
10/03/2025 S12444566 $969,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Midland
  • $747,713 Average List Price
    based on 1 year
  • 135 New Listings
    based on 30 days
  • 110 Median Days on Market
    based on 1 year
  • List vs. Selling Price 143.18 % Up
  • Sold (12mo) 249
  • Rented (12mo) 42

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    73.76%
  • Commercial
    18.41%
  • Condo
    6.91%
  • Land for Sale
    0.91%
Additional Details
  • Heat Type Water Radiators
  • Garage Type Y
  • Parking Spaces: 10
  • Taxes: $7,984
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 03/10/2025 22:51:46
Want to see this property?