289 King Street

ActiveMidland · Midland66 days on marketMLS® S13223856
$1,320,000
$225 / sq ft
Bedrooms0
Bathrooms7
Interior5,869 sq ft
TypeCommercial
ListingFor Sale
Days on Market66

About this property

A rare opportunity to own a landmark mixed-use building in the heart of Midland's historic downtown core. Formerly home to the beloved Uncle Roy's restaurant, this versatile property offers the ideal combination of commercial space and residential income potential. The main-floor commercial space is well suited for a restaurant, café, retail store, professional office, or a variety of other business ventures. Much of the existing restaurant equipment remains on site, providing an excellent opportunity for entrepreneurs looking to establish a new dining destination with reduced start-up costs. The current owner has made substantial investments in updating and improving this historic building while preserving its character and street appeal. The commercial space features modern finishes and a welcoming atmosphere, creating a turnkey opportunity for a wide range of uses. Above the commercial space are two very nicely updated residential apartments, each with separate heat sources, offering the flexibility to live on-site while operating your business below or generate additional rental income from both units. The full basement provides extensive storage and utility space, with partial finishing including drywall, excellent lighting, and a convenient 2-piece washroom. A security gate protects the front entrance, providing added peace of mind when the business is closed. Rear access to the building opens directly onto a municipal parking lot with free public parking, offering convenient access for customers, tenants, and staff. Heat sources include gas powered hot water radiant as well as forced air gas and a heat pump in one of the apartment units. Whether you're an entrepreneur seeking a live-work opportunity or an investor looking for a well-maintained mixed-use property with multiple income streams, this downtown Midland property presents exceptional potential in a high-visibility location.

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberS13223856
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size5,869 sq ft
Beds / Baths0 bed · 7 bath
NeighbourhoodMidland
CityMidland
Postal CodeL4R 3M5
ProvinceON
Listed DateJune 1, 2026
Days on Market66
Price per Sq Ft$225
BrokerageReal Broker Ontario Ltd.

Location

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Listed by Real Broker Ontario Ltd.