345 KING STREET, Midland

$649,900

For sale: Other

Other at 345 KING STREET, Midland
Property type
Commercial Retail
Bedrooms / bathrooms
3 bathrooms
MLS®
MLS® S13663300
Neighbourhood
Midland

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 — recent sold market

Homes in Midland took a median of 45 days to sell over the last 90 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 70, across 85 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 88 days.

The median sale price was $544,999.

Homes sold for about 4.2% below asking on average, so there was room to negotiate.

About 2% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
45
Median sale price
$544,999
Sale-to-list ratio
95.8%
Sold above asking
2%

Based on 85 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

Schools in Midland

Midland has 7 Fraser Institute–rated schools (5 elementary and 2 secondary), averaging 5.0/10.

Rated schools
7
Elementary
5
Secondary
2
Average rating
5.0 / 10

Top-rated schools in Midland

  • Huron Park — elementaryFraser rating 6.0/10
  • Bayview — elementaryFraser rating 5.8/10
  • Monsignor Castex — elementaryFraser rating 5.8/10
  • Georgian Bay District — secondaryFraser rating 5.3/10
  • St. Theresa's — secondaryFraser rating 5.2/10
  • Mundy's Bay — elementaryFraser rating 4.4/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 345 KING STREET