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Office Space For Rent at 361 KING Street in Midland, Ontario

New
4 Sale ID #230695
Updated 07 May 2024

Sq. Ft. Rate

$15

Lease Rate

N/A

Space Size

N/A

Year Built

N/A

Premise Summary

Take advantage of this sophisticated downtown lease space. Nestled in the vibrant heart of Midland, this pristine commercial building offers a fantastic opportunity for businesses seeking prominence and prestige. With 10,541 square feet available, this property possesses a layout with plenty of possibilities. Whether you're looking to operate a boutique retail space, a chic restaurant, or a dynamic office headquarters, there's room for your creativity here! Plenty of parking around the back of the building, as well as public parking out front. Seize the opportunity to establish your business in the beating heart of Midland's downtown. (id:39198)

  • MLS® : #40577097
  • Date Listed : 24 Apr 2024

Location

Province

Ontario

City

Midland

Address

361 King Street

Postal Code

L4R3M7

Location Highlights

N/A

Listed by

Team Hawke Realty, Brokerage Ontario listing

Category

office-space

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Space Size

N/A

Available Space

N/A

Building Size

10,541

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Sq. Ft. Rate

$15

Asking Price

$15

Rate/yr

N/A

Floor of Lease

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

10,541

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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