253 King Street
Midland, ON
- 4,882 sqft
- Commercial Retail
- 151 days on market
Don't miss this exceptional chance to own a solid, income-generating building in a high-visibility downtown location just two blocks from Midland's scenic waterfront. This mixed-use property features two built-in residential tenants-one on a month-to-month lease and another under contract until March 2026-along with a vacant ground-floor commercial retail space ready for your business or next tenant. Formerly home to Midland's longest-running bakery, the main floor retail space includes a commercial range hood and commercial bread oven, offering an ideal setup for a food-based business, but also zoned for many permitted uses. At the rear, the property backs onto a public parking lot, ensuring easy access and high foot traffic-a huge plus for commercial tenants. A key upgrade is the new flat roofing system (2022). The second floor features two residential apartments, one of which has been fully renovated with a modern kitchen, new appliances, updated flooring, bathroom & lighting, fixtures, and soaring loft-style ceilings. A great opportunity to relocate your business, start a new venture or add this to your portfolio.
Listing Details
- Taxes (2025)
- $8,927
- Listed
- April 2, 2026
Price History
Listing history
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Property
- Age
- 100+
- Lot Size
- 18.36 x 175.5 Feet
Parking
- Garage
- Lane
Location & Legal
- Cross Street
- Hugel Ave
- Zoning
- DC-F2
- Parcel Number
- 584670007
- Possession
- Other
- Occupancy
- Owner+Tenant
Commercial
- Office / Apartment Area
- 2240 Sq Ft
Included
- Inclusions
- Commercial Rang Hood, Stubbard Super Baker Oven, Res. Stove x2, Fridge x2, Washer and Dryer
- Exclusions
- Tenants Belongings
Property Insights
AI-generated from listing photos. Not professional advice.
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
- 95.8%
Based on 253 recorded sales of commercial properties in Midland over the last 12 months.
Listed by
Team Hawke Realty
Commercial figures
- Building area
- 4,882 sq ft
- Price per sq ft
- $174.09
- Annual property tax
- $8,927
- Tax per sq ft
- $1.83
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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