
400 Russell Street
DetachedMidland, Midland
S14127508, Royal LePage In Touch Realty
Midland · Commercial · Commercial Retail
Last updated by the listing brokerage Jun 18, 2026
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| Tax year | Annual property tax | Change | Source |
|---|---|---|---|
| 2025 | $8,661 | — | MLS® listing |
Annual taxes as reported on this MLS® listing. Confirm current taxes with the municipality.
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Sign in to view historyFIRST 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!
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Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
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First-time buyers can get up to $4,000 back on Ontario land transfer tax. Midland has no municipal land transfer tax (Toronto does).
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