345 KING Street
Midland, Midland, L4R 3M7
$649,900
- 3 bathrooms
Listed 70 days ago · MLS® S13663300
About this home
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.
Details
- Type
- Commercial Retail
- Lot
- 13.65 × 165 ft
- Garage
- None
- Property tax
- $6,519 (2025)
- Neighbourhood
- Midland
- Municipality
- Midland
Interior
- Bathrooms
- 3 × bathroom
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Air conditioning
- Yes
- Water and sewer
- Sanitary+Storm
- Utilities
- Yes
Building and exterior
- Building area
- 2,100 Square Feet
More
- Possession
- TBD
- Cross street
- Elizabth and King Street
- Business type
- Hospitality/Food Related
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, 4 parks, 1 pharmacy. Nearest grocery: No Frills (250 m). Nearest park: Regent Park (650 m).
Schools nearby
Elementary
- Huron Park Public School
EQAO: Gr 6 reading 88%, math 43%13 min walk - Mundy's Bay Elementary Public School
EQAO: Gr 6 reading 76%, math 45%13 min walk - Sacred Heart School Catholic
EQAO: Gr 6 reading 60%, math 0%14 min walk - Bayview Public School
EQAO: Gr 6 reading 81%, math 45%1.5 km
Secondary
- Simcoe Alternative Secondary School8 min walk
- St. Theresa's Catholic High School Catholic
EQAO: Gr 9 math 42%, literacy test 76%1.5 km - Georgian Bay District Secondary School
EQAO: Gr 9 math 42%, literacy test 82%1.5 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 SPECTRUM REALTY SERVICES INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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