527 HUGEL Avenue, Midland, Ontario, L4R1V8
Sales Representative
RE/MAX Right Move Brokerage - Orillia
Cell: 705-238-6459
Tel: 705-325-1373
$1,379,000 - For sale
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 bedroom, 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. There is a large owned parking lot with additional public parking surrounding the lot. Some improvements include paint (exterior & interior), herringbone flooring, wainscoting, designer light fixtures & pot lights, new kitchenette and newer black windows throughout. Basement is partially finished with three bathrooms. This is the perfect spot for a retailer, restaurant, lawyer, accountant, dentist, doctor, therapist, realtor, tech company, engineer, architect, or entrepreneur looking for a well-presented office in the downtown core with endless opportunities with ongoing business development & improvements nearby. (id:2471)
Location DescriptionFirst Street & Hugel Ave
- Property Address:527 HUGEL Avenue, Midland, Ontario, L4R1V8
- Property Type:Other
- Title:Freehold
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Parking Space Total:15
- Heating Type:Natural gas, Forced air, Hot water radiator heat
- Storeys:3
- Flooring:Carpeted, Laminate, Linoleum
- Basement Type:Full (Partially finished)
- Cooling Type:Central air conditioning
- Rental Equipment:None
- Exterior Type:Brick, Stucco
- Amenities Nearby:Beach, Hospital, Marina, Park, Place of Worship, Schools
Sales Representative
RE/MAX Right Move Brokerage - Orillia
Cell: 705-238-6459
Tel: 705-325-1373
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- Map 527 HUGEL Avenue, Midland, Ontario, L4R1V8
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527 HUGEL Avenue, Midland, Ontario, L4R1V8
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