Home ›Listings ›Midland ›S12950942

253 King Street Midland ON

📍 Midland, Ontario L4R 3M4

$849,900

Active
18.36×175.5LOT (FT)
100+AGE

📋 Listing Highlights

StatusActive
MLS®S12950942
ListedApr 2, 2026
Days on Market—
Property TypeCommercial
StyleCommercial Retail
Cross StreetHugel Ave
PossessionTBD

📝 Listing Description

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

Property TypeCommercial
StyleCommercial Retail
Approx. Age100+

📐 Lot & Land

Lot Width18.36 ft
Lot Depth175.5 ft
Lot Size3404 sqft
Cross StreetHugel Ave

🔧 Building & Utilities

HeatingBaseboard
CoolingPartial
GarageLane

💰 Financial

List Price$849,900
Annual Taxes$8,927 (2025)
PossessionTBD

🧮 Mortgage Calculator

$169,980
Est. Monthly Payment
$4,175/mo
Principal: $679,920 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by Team Hawke RealtyData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #S12950942 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.