Property Details

527 HUGEL Avenue, Midland, Ontario, L4R1V8

527 HUGEL Avenue, Midland, Ontario, L4R1V8 (ID 40363849)
Representative
Jordan Mamann portrait
Jordan Mamann
Sales Representative
RE/MAX Right Move Brokerage - Orillia
Cell: 705-238-6459
Tel: 705-325-1373

$1,379,000 - For sale

ID#:40363849

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 Details
  • 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
Structure Details for 527 HUGEL Avenue, Midland, Ontario, L4R1V8
  • 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 for 527 HUGEL Avenue, Midland, Ontario, L4R1V8 Park/reserve, Beach, Paved driveway, Sump Pump
  • Amenities Nearby:Beach, Hospital, Marina, Park, Place of Worship, Schools
Representative
Jordan Mamann portrait
Jordan Mamann
Sales Representative
RE/MAX Right Move Brokerage - Orillia
Cell: 705-238-6459
Tel: 705-325-1373
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Listing Office: Engel & Volkers Barrie Brokerage

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527 HUGEL Avenue, Midland, Ontario, L4R1V8

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