Salehian.com 647-325-5000

289 King Street

Midland, Midland, L4R 3M5

$1,320,000

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  • 7 bathrooms

Listed 141 days ago · MLS® S13223856

About this home

A rare opportunity to own a landmark mixed-use building in the heart of Midland's historic downtown core. Formerly home to the beloved Uncle Roy's restaurant, this versatile property offers the ideal combination of commercial space and residential income potential. The main-floor commercial space is well suited for a restaurant, café, retail store, professional office, or a variety of other business ventures. Much of the existing restaurant equipment remains on site, providing an excellent opportunity for entrepreneurs looking to establish a new dining destination with reduced start-up costs. The current owner has made substantial investments in updating and improving this historic building while preserving its character and street appeal. The commercial space features modern finishes and a welcoming atmosphere, creating a turnkey opportunity for a wide range of uses. Above the commercial space are two very nicely updated residential apartments, each with separate heat sources, offering the flexibility to live on-site while operating your business below or generate additional rental income from both units. The full basement provides extensive storage and utility space, with partial finishing including drywall, excellent lighting, and a convenient 2-piece washroom. A security gate protects the front entrance, providing added peace of mind when the business is closed. Rear access to the building opens directly onto a municipal parking lot with free public parking, offering convenient access for customers, tenants, and staff. Heat sources include gas powered hot water radiant as well as forced air gas and a heat pump in one of the apartment units. Whether you're an entrepreneur seeking a live-work opportunity or an investor looking for a well-maintained mixed-use property with multiple income streams, this downtown Midland property presents exceptional potential in a high-visibility location.

Details

Type
Store W Apt/Office
Age
100+ years
Lot
22 × 160 ft
Garage
None
Property tax
$12,325 (2025)
Neighbourhood
Midland
Municipality
Midland

Interior

Bathrooms
7 × bathroom

Heating, cooling and services

Heating
Gas Hot Water
Air conditioning
Yes
Water and sewer
Sanitary
Utilities
Yes

Building and exterior

Age
100+
Building area
5,869 Square Feet

More

Possession
Flexible
Cross street
King St/Hugel Ave

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 13 cafés and restaurants, 5 parks, 1 pharmacy. Nearest grocery: No Frills (50 m). Nearest park: Harbourside Park (450 m).

Schools nearby

Elementary

  • Mundy's Bay Elementary Public School
    EQAO: Gr 6 reading 76%, math 45%    14 min walk
  • Sacred Heart School Catholic
    EQAO: Gr 6 reading 60%, math 0%    15 min walk
  • Huron Park Public School
    EQAO: Gr 6 reading 88%, math 43%    16 min walk
  • Bayview Public School
    EQAO: Gr 6 reading 81%, math 45%    1.4 km

Secondary

  • Simcoe Alternative Secondary School5 min walk
  • Georgian Bay District Secondary School
    EQAO: Gr 9 math 42%, literacy test 82%    1.5 km
  • St. Theresa's Catholic High School Catholic
    EQAO: Gr 9 math 42%, literacy test 76%    1.7 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L4R

Owners / renters
68% / 32%
Median household income
$70,500
Average age
47
Children under 15
13%
Homes
67% detached, 6% high-rise
Commute by transit
1%
Population
19,245

Languages spoken most at home besides English: Punjabi (Panjabi) 0.3%, Polish 0.2%, German 0.2%, Russian 0.2%.

Safety

Crime Severity Index for Southern Georgian Bay (Midland) (OPP): 74 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Real Broker Ontario Ltd..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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