527 Hugel Ave , Midland

Bed / 5 Bath / $1,379,000 / MLS® Listing #:S5866915

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Mixed Commercial & Residential Use Building In The Heart Of Downtown Midland, Steps To The Lake. Two Commercial Units On Main Floor With 5 Separate Entrances. Plus A Quaint 2 Storey, 4 Bed, 2 Full Bath Apartment With A Sunroom Balcony, Laundry And Separate Entry. This Prominent Location Is On A High Traffic Corner. A Very Versatile Building - The Potential Possibilities Are Endless. Its History Includes A Downtown Medical Clinic And Prior To That A Fancy Steak House. The Commercial Unit Fronting Hugel Ave Is 1400 Sqft Of Posh Retail/Office Space. Currently Occupied By The Owner. The Space Includes A Stately Oak Office, A Large Reception Area, Grand Open Concept, Multiple Purpose Space And A Separate Office. The Commercial Unit Facing First St Is A Thriving Laser Clinic (Includes Three Offices) With A Long Term Escalating Lease. The Apartment Is Zoned Residential With Lucrative Variable Leases Including Airbnb At $350/Night. Excellent Income. **** Extras **** Large Owned Park Lot With Add'l Public Lot Surrounding. Some Improvements Include Paint (Exterior & Interior), Herringbone Floor, Wainscoting, Designer Light Fixtures, New Kitchenette And Newer Black Windows. Basement Has 3 Bathrooms.

Large Owned Park Lot With Add'l Public Lot Surrounding. Some Improvements Include Paint (Exterior & Interior), Herringbone Floor, Wainscoting, Designer Light Fixtures, New Kitchenette And Newer Black Windows. Basement Has 3 Bathrooms.

Property Details

Property Type Store W/Apt/Office
Property Style N/A
Square Feet
Property Tax $9,607
Maintenance $4540.00
Days On Our Website 27
Basement Y
Kitchens
Garages
Lot Dimensions 50.00 x 150.00
Pool N/A
Area Simcoe
Fireplaces N/A
Air Conditioning Y
Heating - Gas Forced Air Open
Exterior
Garage Type None
Sewers N/A
Water Municipal

Room Information

Floor Room Dimensions Description

Bathroom Information

Floor Description

Listing Office: ENGEL & VOLKERS BARRIE, BROKERAGE

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