For Sale

505 King Street, Midland, Ontario L4R 3N5

$969,000

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 30 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
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: S12444566
  • Price: $969,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 165
  • Ref ID: S12444566
  • Dir / Cross St: Robert
  • Status: Active
  • Tax Year: 2025
  • 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
  • $746,034 Average List Price
    based on 1 year
  • 88 New Listings
    based on 30 days
  • 109 Median Days on Market
    based on 1 year
  • List vs. Selling Price 143.61 % Up
  • Sold (12mo) 240
  • Rented (12mo) 47

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -
Walkscore
Property Type Distribution
  • All Houses
    73.87%
  • Commercial
    18.26%
  • Condo
    6.98%
  • Land for Sale
    0.9%
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
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