206 Fourth Street

Midland, ON

2 bath
1,831 sqft
Store W Apt/Office
24 days on market

$549,900

Make a move towards success with this fantastic opportunity to own a well-situated commercial building in a prime location, offering excellent visibility and convenient access.The building features numerous recent upgrades, including newer windows that flood the workspace with natural light and a fully waterproofed basement for additional storage. Additional improvements include a newer furnace, newer roof, updated wiring and plumbing, newer siding, garage door, and a irrigation system. Also included is a modern 2-bedroom apartment, offering the option for on-site living or additional rental income. Secure this upgraded, versatile building with strong income potential in a sought-after location. An excellent opportunity to elevate your business or investment portfolio. The Seller is willing to stay as a Tenant or Negotiate Potentially Selling Business to a New Buyer (Separate from Sale of Building) Lots of Possibilities Available!

Listing Details

Taxes (2025): $4,817
Listed: August 27, 2026

Price History

Listing history

Property

Lot Size: 49.66 x 93.5 Feet

Parking

Garage: Other

Location & Legal

Cross Street: Fourth St & Bay St
Zoning: R3
Parcel Number: 584610173
Possession: Flexible
Occupancy: Owner

Commercial

Office / Apartment Area: 1063 Sq Ft

Included

Inclusions: Central Vac, Dryer, Refrigerator, Stove, Washer

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

Keller Williams Experience Realty

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 1,831 sq ft
Price per sq ft: $300.33
Annual property tax: $4,817
Tax per sq ft: $2.63

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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