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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Midland
About 280 King Street
First time offered for sale! Own a piece of downtown Midland history with this iconic, high-exposure commercial/residential building, famously known as "Johnstone's Music Land." Serving the Southern Georgian Bay community for over 80 years, this landmark property at 280 King Street offers unparalleled visibility and footprint in the heart of our vibrant main street business district.The main level features a massive, open-concept commercial retail space with soaring ceilings and large front display windows that flood the interior with natural light-perfect for retail, professional offices, a trendy restaurant, or a boutique clinic. Expand your footprint or inventory storage into the full, sprawling basement running the length of the building.The incredible bonus? A private, separate entrance leads to a spacious 2 - 3 bedroom apartment directly above the retail storefront. Perfect as a primary residence for an owner-operator, a premium long-term residential rental, or a lucrative short-term rental catering to Georgian Bay tourists.Unbeatable location with high foot traffic, ample street parking, Rare 5 car private parking at rear and close proximity to the Midland harbourfront, restaurants, and local amenities. Don't miss this rare, multi-generational investment opportunity to live, work, and invest in Downtown Midland!
Midland retail priced at $710,000 — book a tour to see if it fits your search.
Inside 280 King St
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
280 King St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S13440328$710,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 280 King St Compares to the Midland Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market52Homes sold in about 52 days on average.
Sale-to-list ratio95.1%On average, homes sold below asking.
Active listings162Homes for sale here right now.
Median vs prior 90 days+9.5%Compared with May 7 – Aug 5, 2026: prices up.
Based on 114 sales from Aug 5 – Nov 3, 2026 (53 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 280 King St
How much is 280 King St listed for?
280 King St is listed at $710,000 (MLS® S13440328). Summitly updates the price as soon as the MLS® record changes.
Has the price of 280 King St changed?
No — 280 King St is still listed at its original asking price of $710,000.
How many bedrooms and bathrooms does 280 King St have?
The listing for 280 King St doesn't publish its bedroom and bathroom count. It is a commercial property in Midland.
How does 280 King St compare with other homes in Midland?
Its asking price of $710,000 is about 30% above the median sold price in Midland over the last 90 days, $547,500, across 114 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 280 King St been sold before?
Summitly has no earlier MLS® sale or lease of 280 King St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 280 King St?
280 King St is in Midland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 280 King St been on the market?
144 days — 280 King St was listed on June 12, 2026.
What is the land transfer tax on 280 King St?
About $10,675 in Ontario land transfer tax at the asking price of $710,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 280 King St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 280 King St?
The listing for 280 King St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Midland.
When was 280 King St built?
The listing for 280 King St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.