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342 King Street, Midland, ON, L4R 3M8

MLS® # 40561057
Commercial For Sale In Midland, Ontario
$674,900
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
342 King Street, Midland, ON
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ACTIVE
342 King Street, Midland, ON, L4R 3M8
$674,900

Property Information:

Welcome to Your New Investment Opportunity!Nestled in the heart of Midland, this stunning classic-century downtown building awaits your vision. Overflowing with charm, it promises an exciting venture for savvy investors.Commercial Space Available and ready for your creative touch! Picture the possibilities—whether it's a boutique shop, cozy café, or trendy gallery. The choice is yours!Upper Floors: Imagine waking up to the sun streaming through the windows. These upper levels can be transformed into your dream home, or even a charming Airbnb retreat. The views of the bay from select windows are simply breathtaking. As this town blossoms into a vibrant hub, you'll be at the epicentre of growth. Explore the lively downtown core, stroll along the town docks, and unwind in the nearby parks. The arena, curling club, YMCA, and Little Lake Park are all within reach.Main Floor Highlights: Hardwood Floors , Gas Fireplace , Original Trim & Pocket Doors, Two Public Washrooms, Convenience for patrons and a Large Front Patio Perfect for al fresco gatherings.Second Level: A spacious living area, a well-appointed kitchen, and an inviting bedroom. The full bath ensures comfort and convenience.Third Floor Here, the possibilities are endless. Create a serene loft, a private office, or an additional bedroom. **Parking**: No worries! Ample parking awaits out back. **Recent Upgrades**: New Roof (2020)**: Peace of mind for years to come.- **Freshly Paved Driveway**: Ensuring Smooth arrivals.- **Wall-Hung Boiler with Glycol**: Efficient heating.- **Brand-New 50-Gallon Hot Water Tank**: Always ready for your needs.Don't miss out on this **prime investment opportunity**. This charming building is your gateway to a bright future!

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full
  • Built in: 1910
  • Interior Features: High Speed Internet
  • Lot Depth: 165 Feet
  • Lot Features: Ample Parking, City Lot, High Traffic Area, Marina
  • Lot Frontage: 33.00 Feet
  • Parking Features: Asphalt
  • Road Frontage Type: Public Road, Year Round Road
  • Utilities: Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
  • Water Source: Municipal
  • Zoning: DC-F2
  • Sewer: Sewer (Municipal)

Courtesy of: Keller Williams Experience Realty, Brokerage (Unit B)

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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Market Price Trends

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Location of 342 King Street, Midland, ON, L4R 3M8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

31 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

45/100

High

ClimateCheck®

Current data

This property, 342 King Street , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 33.8 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
33.8℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

65/100

ClimateCheck®

Current data

This property, 342 King Street , experiences 11 significant 2-day storms per year, with about 319.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 406mm of precipitation per year.

Precipitation Per Storm

Past
319.4mm
2050
406mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 342 King Street, Midland, ON, L4R 3M8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$72,249.69

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.17 %

High school certificate or equivalent

33.84 %

Apprenticeship trade certificate/diploma

8.23 %

College/non-university certificate

23.24 %

University certificate (below bachelor)

0.06 %

University Degree

12.45 %

Commuter

Travel To Work

By Car

71.61 %

By Public Transit

0.0 %

By Walking

23.05 %

By Bicycle

0.02 %

By Other Methods

5.32 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.85 %

Houses

53.15 %

Own Vs. Rent

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