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342 King Street

342 King Street

Midland, ON

2,535 sqft • Store W Apt/Office • 442 days on market

$520,000Price reduced 13%

Welcome to Your New Investment Opportunity! Nestled in the heart of Midland, this stunning classic-century downtown building is a piece of Midland's history and awaits your vision. Starting from a blank canvas, this property overflows with charm, promising an exciting venture for savvy investors. Commercial Space is Available and ready for your creative touch! Picture the possibilities: whether it's a boutique shop, a cozy café, a Pho House, or a trendy gallery. The choice is yours! Upper Floors: With a 3 bedroom 2 Bath Apt. Imagine waking up to the sun streaming through the windows. These upper levels can be transformed into your dream home, or even maybe 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 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 outdoor seating. **Parking**: No worries! Ample parking awaits out back. **Recent Upgrades**: Roof Replaced (2020)**: Peace of mind for years to come. - ** Paved Driveway** Wall-Hung Boiler with Glycol**: Efficient heating. - **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!

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Listing Details

Taxes (2024)
$4,293
Originally Listed
$595,900
Listed
June 13, 2025

Price History

Listing history

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Property

Age
100+
Lot Size
33 x 165 Feet

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Yonge & King
Zoning
DC
Parcel Number
584640122
Possession
Flexible

Commercial

Occupancy
Partial
Office / Apartment Area
1241 Sq Ft

Community

Postal area L4R

Population
19,245
Private dwellings
8,901
Median age
50.4
Average household size
2.2
Median household income
$70,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Midland · last 12 months

Median sold price
$515,000
Homes sold
254
Median days on market
35
Sale-to-list price
95.8%

Based on 254 recorded sales of commercial properties in Midland over the last 12 months.

Listed by

Keller Williams Experience Realty

Location

Street View

Commercial figures

Building area
2,535 sq ft
Price per sq ft
$205.13
Annual property tax
$4,293
Tax per sq ft
$1.69

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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