For Sale

551 BAY Street, Midland, Ontario L4R1L4

$749,900

551 BAY Street, Midland, Ontario L4R1L4 is For Sale and has a listing price of 749,900. The property is located in the Midland neighbourhood. It's been on the website for 21 Days.

  • Retail
    Property Type
  • Attached Garage
    Parking
  • MLS ID: 40666889
  • Office Name Team Hawke Realty, Brokerage,Team Hawke Realty, Br
Property Description

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. NOTE: Business is currently listed for sale under MLS® 40666902 (id:43137)

Property Details
  • MLS ID: 40666889
  • Price: $749,900
  • Transaction Types: For Sale
  • Ref ID: 27568204
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
10/22/2024 40666889 $749,900 For Sale - -
10/22/2024 40666902 $49,900 For Sale - -
12/07/2023 S7345504 $799,900 For Sale - -
12/07/2023 40520131 $799,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Midland
  • $846,603 Average List Price
    based on 1 year
  • 54 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 104.23 % Up
  • Sold (12mo) 174
  • Rented (12mo) 30

  • 1 Month Change -12.8%
  • 3 Month Change -20.0%
  • 6 Month Change -46.2%
Walkscore
Property Type Distribution
  • All Houses
    73.28%
  • Commercial
    19.95%
  • Condo
    4.86%
  • Land for Sale
    1.92%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 None
  • Water Municipal Water
  • Exterior Concrete, Stucco
  • Property Features Visual Exposure
  • Fireplace False
  • Parking Attached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 22/10/2024 00:00:00
  • Zoning Res
  • Agent Name: Jim Hawke,Vanessa Moreau
  • Address Subdivision: MD02 - West of King Street
  • Last Updated: 23/10/2024 19:31:00
Open House Dates
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