$649,900
For sale: Other

Prime Commercial Investment Opportunity in the Heart of Midland! Exceptional opportunity to own a freestanding commercial building in one of Midland's busiest commercial corridors. Strategically located on high-visibility King Street, this approximately 2,100 sq. ft. property offers outstanding exposure, ample on-site parking, and a well-established, thriving restaurant operating within the building.With a secure long-term tenant already in place, this is a true turn-key investment offering immediate income and long-term stability. The property's prime location, strong traffic exposure, and established commercial presence make it an attractive addition to any investment portfolio.Surrounded by established businesses, residential neighbourhoods, and year-round tourism, 345 King Street benefits from consistent customer traffic and excellent accessibility. Whether you're an experienced investor looking to expand your portfolio or seeking a quality commercial asset with dependable cash flow, this property delivers the ideal combination of location, visibility, and investment potential.
Sold data
Homes in Midland took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 66, across 69 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.
The median sale price was $569,900.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 69 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Midland has 7 Fraser Institute–rated schools (5 elementary and 2 secondary), averaging 5.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
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