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$599,900
Available - For Sale
Listing ID: S12056711
551 BAY Street , Midland, L4R 1L4, Simcoe
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 theyre 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 Midlands 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. Seller is willing to negotiate the sale of the business into the purchase price.
Price $599,900
Taxes: $6,450.89
Tax Type: Annual
Occupancy by: Owner
Address: 551 BAY Street , Midland, L4R 1L4, Simcoe
Postal Code: L4R 1L4
Province/State: Simcoe
Legal Description: PT LT 15 E/S SECOND ST, 16 E/S SECOND ST
Directions/Cross Streets: HWY 12 - King Street - Left on Bay street.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Category: Retail
Use: Retail Store Related
Building Percentage: F
Total Area: 4,682
Total Area Code:  Square Feet
Retail Area Code: %
Area Influences: Public Transit  
Maintenance: 0
Sprinklers: No
Clear Height Feet: 1
Grade Level Shipping Doors #: 1
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
Sewers: Sanitary
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Interest Rate: %  
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Team Hawke Realty

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