For Sale

253 King Street, Midland, Ontario L4R 3M4

$849,900

253 King Street, Midland, Ontario L4R 3M4 is For Sale and has a listing price of 849,900. The property is located in the Midland neighbourhood . It's been on the website for 10 Days.

  • MLS ID: S12478614
  • Office Name Team Hawke Realty
Property Description

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.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: S12478614
  • Price: $849,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 175.5
  • Ref ID: S12478614
  • Dir / Cross St: Hugel Ave
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
10/23/2025 S12478614 $849,900 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
Additional Details
  • Heat Type Baseboard
  • Garage Type Lane
  • Parking Spaces: 2
  • Taxes: $8,927
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 23/10/2025 16:44:21
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