527 Hugel Ave , Midland

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.

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Listing Office: ENGEL & VOLKERS BARRIE, BROKERAGE