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520 ELIZABETH STREET, Midland, Ontario, L4R 2A1

MLS® # S8364410
Commercial For Sale In Midland, Ontario
$250,000
520 Elizabeth Street, Midland, ON
520 Elizabeth Street, Midland, ON
520 Elizabeth Street, Midland, ON
520 Elizabeth Street, Midland, ON
520 Elizabeth Street, Midland, ON
520 Elizabeth Street, Midland, ON
520 Elizabeth Street, Midland, ON
520 Elizabeth Street, Midland, ON
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520 Elizabeth Street, Midland, ON
520 Elizabeth Street, Midland, ON
520 Elizabeth Street, Midland, ON
520 Elizabeth Street, Midland, ON
520 Elizabeth Street, Midland, ON
520 Elizabeth Street, Midland, ON
520 Elizabeth Street, Midland, ON
520 Elizabeth Street, Midland, ON
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ACTIVE
520 ELIZABETH STREET, Midland, Ontario, L4R 2A1
$250,000

Property Information:

NEW AND THRIVING LAUNDRY BOUTIQUE BUSINESS FOR SALE: DOWNTOWN LAUNDRY. Seize the opportunity to own Downtown Laundry, a newly renovated laundry boutique in the heart of Midland, Ontario. Since its renovation in March 2023, this business has quickly built a loyal and happy customer base, offering significant income potential. Completely renovated with brand-new laundry equipment as of March 2023, ensuring top-notch service and reliability: ESTABLISHED CUSTOMER BASE: Despite being new, Downtown Laundry has already developed a strong and satisfied customer following: PRIME LOCATION: Located at 520 Elizabeth Street, in the bustling downtown area of Midland, benefiting from high foot traffic and visibility: TURNKEY OPERATION: Fully equipped and operational, allowing for a seamless transition for the new owner: FULLY EQUIPPED: Includes security cameras, coin dispenser, and laundry soap and accessories machines, ensuring a secure and convenient experience for customers. Enjoy a stable business opportunity with a solid financial start and reliable monthly income. Potential for further growth by expanding services, implementing new marketing strategies, or extending operating hours. Purchasers can choose diverse services to optimize income potential by adding these to the already successful business, including wash and fold, dry cleaning, etc. Quickly becoming a well-known and respected business within the Midland community. - EASY ACCESSIBILITY: Located in a pedestrian-friendly area with ample parking, making it convenient for customers.- SUPPORTIVE BUSINESS ENVIRONMENT: Midland's downtown area is vibrant and growing, providing a supportive environment for local businesses. - INVEST IN SUCCESS: Don't miss this chance to own a new and thriving laundry boutique in a prime location. Downtown Laundry is perfect for an entrepreneur looking to step into a well-established business with a strong market presence. For more details and financial information, contact us today. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Other
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Irregular: Yes
  • Lot Size: 52.61 x 96.88 FT

Courtesy of: REVEL REALTY INC.

REALTOR.ca  

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

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Location of 520 ELIZABETH STREET, Midland, Ontario, L4R 2A1

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, 520 ELIZABETH 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, 520 ELIZABETH 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 520 ELIZABETH STREET, Midland, Ontario, L4R 2A1

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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