361 King St
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361 King St
10,541 SF 100% Leased Office Building Midland, ON L4R 3M7 $2,999,000 CAD ($285 CAD/SF)
Investment Highlights
- High Traffic Location
- The interior layout offers endless possibilities for customization to suit
- Great Visual Exposure
- Potential severance, with access coming from Midland Avenue
Executive Summary
Welcome to the epitome of downtown sophistication. Nestled in the vibrant heart of Midland, this pristine commercial building offers a fantastic opportunity for businesses seeking prominence and prestige. Boasting 10,541 total square feet of meticulously maintained space, this property stands as a beacon of distinction in one of the town's most coveted locations. The interior layout offers endless possibilities for customization to suit the unique needs of any business, and is also equipped with an elevator. Whether envisioning a boutique retail space, a chic restaurant, or a dynamic office headquarters, the expansive floor plan provides plenty of room for creativity. Aside from the building itself, the half acre downtown lot runs back a city block, leaving you room for potential severance, with access coming from Midland Avenue.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
10,541 SF
Building Class
B
Year Built
1970
Price
$2,999,000 CAD
Price Per SF
$285 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
5,271 SF
Building FAR
0.47
Lot Size
0.51 AC
Zoning
DC-F2
Parking
40 Spaces (3.79 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (87)
Bike Score ®
Very Bikeable (71)
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361 King St
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