505 King Street
Midland, ON
- 4,125 sqft
- Commercial Retail
- 205 days on market
Here's your chance to own a property that generates passive income. The property is about .25 acres and has an existing building with a wine store and restaurant on the main floor as well as a spacious 2 bedroom apartment above. There is parking along the side and off the back with access from both King Street and Nelson Street. It's in a high traffic area near the downtown core. *** This is land and building only. Existing businesses and tenant will remain ***
Listing Details
- Taxes (2025)
- $7,984
- Originally Listed
- $895,505
- Listed
- February 27, 2026
Price History
Property
- Lot Size
- 66 x 165 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Robert
- Zoning
- HC
- Parcel Number
- 584710079
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 1375 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
- 253
- Median days on market
- 35
- Sale-to-list price
- 95.7%
Based on 253 recorded sales of commercial properties in Midland over the last 12 months.
Listed by
Royal LePage In Touch Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 4,125 sq ft
- Price per sq ft
- $169.45
- Annual property tax
- $7,984
- Tax per sq ft
- $1.94
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions Existing businesses and tenant will remain ***. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?