For Sale

551 BAY Street, Midland, Ontario L4R 1L4

$699,900

551 BAY Street, Midland, Ontario L4R 1L4 is For Sale and has a listing price of 699,900. The property is located in the Midland neighbourhood . It's been on the website for 99 Days.

  • MLS ID: S12056711
  • Office Name Team Hawke Realty
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 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.

Property Details
  • MLS ID: S12056711
  • Price: $699,900
  • Lot Depth: 107
  • Transaction Types: For Sale
  • Ref ID: S12056711
  • Year Built: N/A
  • Dir / Cross St: HWY 12 - King Street - Left on Bay street.
  • Status: Active
  • Tax Year: 2024
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
04/02/2025 S12056711 $699,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Midland
  • $743,828 Average List Price
    based on 1 year
  • 19 New Listings
    based on 30 days
  • 114 Median Days on Market
    based on 1 year
  • List vs. Selling Price 140 % Up
  • Sold (12mo) 153
  • Rented (12mo) 29

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    73.69%
  • Commercial
    18.83%
  • Condo
    6.46%
  • Land for Sale
    1.02%
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Lane
  • Kitchen Y
  • Taxes: $6,451
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 02/04/2025 15:56:43
Want to see this property?