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253 King Street

Midland / Midland, ON L4R 3M4

ActiveFor Sale
0 Beds
0 Baths
4,882 Sq Ft
3,404 Lot Sq Ft
Commercial

About This Property

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.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size4,882 sq ft
Lot Size3,404 sq ft
Bedrooms0
Bathrooms0
Postal CodeL4R 3M4
Last UpdatedAug 8, 2026 · 3:59 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® S12950942

Listed by Team Hawke Realty

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$849,900

asking price

MLS®S12950942
TypeCommercial
CityMidland
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$4,150

/month · $679,920 mortgage

Down Payment20% — $169,980
Interest Rate5.5%

Amortization

Total Interest

$565,132

Total Cost

$1,245,052

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

Team Hawke Realty