527 Hugel Avenue Midland, ON L4R 1V8

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.