340 First St., Midland, ON, L4R 3P2



MLS# 30637419
340 First St.
Midland ON L4R 3P2
Premium Versatile Investment Opportunity

Real estate investing has never looked better with this premium multi-use home in Midland. Appreciate optimal exposure while being set in this desirable downtown location within walking distance to amenities, dining, shopping and the tranquil shores of Georgian Bay. Enjoy a modern main level commercial office space featuring 2 potential offices and an upper level residential 2 bedroom apartment. Together, a generous 3,380 square feet presents a total of 2 bedrooms and 2½ bathrooms.

Arrive to the contemporary-style of this deep blue, wood-siding 2 storey building boasting rustic stone accents. Plenty of parking accommodations is offered in the private 7 car parking lot style driveway. The main covered front entry welcomes guests inside while a separate side entry complete with a wheelchair ramp ensures the main level is completely handicap accessible. A mudroom provides the perfect spot for visitors to leave their outer apparel before stepping inside.

Inside, modern elegance welcomes you with a warm embrace. A freshly painted modern palette is accentuated by upgraded baseboards, refinished hardwood, and a stone-styled vinyl flooring. Numerous windows combine to enhance the bright and spacious layout that presents a multitude of uses.

Visitors are greeted at the reception desk with a serene waiting lounge that invites relaxation. Two generous office spaces are accompanied by two storage rooms for easy organization of equipment and supplies. A kitchenette lunch room and 4 piece bathroom serve employees while a powder room serves guests. This exceptional, versatile layout offers the ideal space for use as a professional office, medical building or duplex if converted to a residential living space.

An outdoor stairway with a balcony at the back of the home features a separate entrance to the upper level apartment, adding privacy for tenants when coming and going. Prepare meals in the spacious eat-in kitchen followed by an evening full of rejuvenation in the living room as you catch up on the day’s events. Two bedrooms provide a peaceful nights rest and are accommodated by the 4 piece bathroom, ensuring daily routines continue on schedule.

The unfinished lower level provides an abundance of storage space for seasonal belongings. Fire code compliant, this building boasts reinforced basement walls and fireproof ceilings throughout with fire detectors, alarms, and extinguishers.

A modern, updated main level and newer windows and doors offer a turn-key transition. In addition, the current tenants are willing to continue their agreement following closing. Stepping into investment has never been easier with this attractive opportunity in a great location!

Keys To This Property:
MLS# 30637419
Area: 3380 sq. ft.
Collection: Commercial, Investment, Lakeside, Residential
Property Tax: $5,362
Age: 97 years
LOT SIZE: 54 x 165 ft.
Public schools: Georgian Bay District S.S., Mundy's Bay P.S.
Catholic schools: Monsignor Castex C.S., St. Theresa's C.H.S.
Private schools: Kempenfelt Bay School
Écoles françaises: elfontario.ca
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