About 261 King Street

Successful business, building and land...Shoes to boot is for sale!! This successful turn key business has stood the test of time by successfully selling women's/men's footwear and clothing for 29 years in downtown Midland. Their success has been attributed to its savvy business acumen in carrying major top selling shoe lines such as Blundstone, Birkenstocks, Romik, Rieker, Josef Siebel and Vionic to name a few and to it's amazing downtown location in beautiful Midland, Ontario. This picturesque town being within a short 90 minute drive to Toronto has evolved into a major tourist hub, attracting cottagers, and tourist from around the globe. This location is a retailers dream location. Seller is prepared to train future owner and staff in retail procedures, product ordering and provide trade show instructions to facilitate the transition. This amazing business is a gem and has a proven track record of profitable business. In addition, be your own landlord and save lease costs, while receiving rent from 2-one bedroom residential units upstairs. Rent both or owner occupy one of the units and rent the other... Endless possibilities!! This building has been meticulously cared for and upgraded. Private parking, attractive public back entrance and limitless downtown parking!! Great value for the savvy entrepreneur/investor!! Financials to be provided upon serious interest. (id:6289)

Features of 261 King Street

Listing # 40530002
Price $799,000
Year Built 1950
Type Retail
Sub-Type Freehold
Status Active

Community Information

Address 261 King Street
Subdivision MD01 - East of King Street
City Midland
Province Ontario
Postal Code L4R3M4

Amenities

Amenities Hospital, Marina, Public Transit, Schools
Utilities Electricity, Natural Gas, Telephone
Features Visual exposure, Paved driveway
Parking Spaces 5
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Brick, Stone
Foundation Stone

Listing Details

OfficeTeam Hawke Realty, Brokerage

Listing Map