551 Bay St - Retail FOR SALE


Midland, ON L4R 1L4
$749,900 CAD
705-527-7877
551 Bay St, Midland, ON for Sale
$749,900 CAD
Retail - FOR SALE
1/28
null | Request Cap Rate

551 Bay St
Midland, ON L4R 1L4


HIGHLIGHTS

  • high visibility in a busy area
  • spacious, open floor plan
  • unobstructed floor plan

OVERVIEW

This is your chance to own a well established convenience store along with the building it’s housed in. All located in the heart of downtown Midland. Operating successfully for nearly three decades, this business has been meticulously maintained, offering a clean and organized space. Buyers can see exactly what they’re getting, with no surprises. The building, constructed of durable concrete block and plaster, features a spacious, open floor plan, providing flexibility for various uses. With excellent frontage on Bay Street, you’ll benefit from high visibility in a bustling area across from Midland’s scenic harbourfront on Georgian Bay. The location at the base of downtown sees substantial foot traffic, enhanced by a beloved coffee shop and popular cannabis store across the street. Beyond the great location, the back areas of the building are a mentionable highlight, featuring an unobstructed floor plan and a 12' bay door for interior loading or parking. This versatile space opens up opportunities for additional business ventures or enhanced storage and operations. This is a turnkey opportunity in a thriving community with potential for the business to grow.

FOR SALE DETAILS

PRICE

$749,900 CAD

PRICE/SF

$160 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

DC-F2

APN/PARCEL ID

437401000206600

ASK ABOUT THIS PROPERTY

Jim HawkeTeam Hawke RealtyMore Info
705-527-7877

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jim HawkeTeam Hawke RealtyMore Info
705-527-7877

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.