1/5BSMT - 347 KING STREET, Midland
BSMT - 347 KING STREET, Midland, ON L4R3M7
Price on request
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Asset Class
Retail
Size
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Building class
A
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
91%
About this property
Excellent opportunity to lease a clean and functional 500 sqft lower-level space in the heart of downtown Midland. Ideal for retail, office, or service-based businesses. Located in a high-traffic area surrounded by shops, restaurants, and professional services. The all-inclusive lease makes budgeting easy with no extra costs or hidden fees. Convenient access to nearby parking and amenities. A great option for businesses looking for an affordable and visible downtown location. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
118,078
Households
53,033
Median income
$74,500
Median age
42.3
Daytime population
135,286
5-yr growth
3.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for BSMT - 347 KING STREET, Midland.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.