527 Hugel Avenue Midland, Ontario L4R 1V8
Presented By
REBECCA PENWELL, Broker
705-644-1806
rebapenwell@gmail.com
DOUG HOGARTH, Realtor
705-645-0931
dnhogarth@gmail.com
Let’s Connect
$1,379,000
A gorgeously refreshed century commercial & residential use building in the heart of Downtown Midland, steps to the lake. Two commercial units on main floor with 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. (id:48877)
Business
| Name | The Squires Studio |
Property Details
| MLS® Number | 40363849 |
| Property Type | Other |
| Amenities Near By | Beach, Hospital, Marina, Park, Place Of Worship, Schools |
| Communication Type | High Speed Internet |
| Equipment Type | None |
| Features | Park/reserve, Beach, Paved Driveway, Sump Pump |
| Parking Space Total | 15 |
| Rental Equipment Type | None |
Building
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Stucco |
| Fixture | Ceiling Fans |
| Flooring Type | Carpeted, Laminate, Linoleum |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Hot Water Radiator Heat |
| Stories Total | 3 |
| Size Exterior | 4900.0000 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Beach, Hospital, Marina, Park, Place Of Worship, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 150 Ft |
| Size Frontage | 50 Ft |
| Zoning Description | Commercial & Residential |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/25177532/527-hugel-avenue-midland
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January 24 2023 06:45:51
Barrie & District Association of REALTORS® Inc.
Engel & Volkers Barrie Brokerage