262 King Street
Midland, ON
2,725 sqft • Store W Apt/Office • 216 days on market
Prime Investment Opportunity. Fully occupied/stabilized commercial/retail asset with rental upside. Located in Downtown Midland. Steady cashflow assets, 6.6% cap rate on existing income. Premium Cannabis retail store and 2 residential 1 BD units above. 3 Dedicated parking spots. Lots of walking and vehicular traffic. Excellent signage on busy downtown. Fast growing market of Midland ON just off the Georgian Bay.
Listing Details
- Taxes (2025)
- $6,200
- Listed
- January 22, 2026
Price History
Listing history
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Property
- Lot Size
- 20 x 168 Feet
Location & Legal
- Cross Street
- King St / Hugel Ave
- Zoning
- DC-F2
- Parcel Number
- 584650094
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
- Office / Apartment Area
- 0 %
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
- 255
- Median days on market
- 35
- Sale-to-list price
- 95.8%
Based on 255 recorded sales of commercial properties in Midland over the last 12 months.
Listed by
LENNARD COMMERCIAL REALTY
Commercial figures
- Building area
- 2,725 sq ft
- Price per sq ft
- $218.35
- Annual property tax
- $6,200
- Tax per sq ft
- $2.28
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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