Description
Unique and rare dual-zoned property with main street frontage in the heart of desired Midway, Utah. There is very limited commercial property available on Main Street, so here is an opportunity to own a piece while living in peaceful luxury. Intended to be single-family living but can be so much more. Due to dual-zoning, ***this is one of the very few properties in Midway you can legally Airbnb***, OR live there full time while renting or working out of the 1,245 sq ft detached commercial unit with it's own meter (August 2023) and professionally installed Epoxy Flooring (May 2023)! 7% min Cap rate- Rent either portion for $5k-$6k monthly or airbnb for more! The beautiful custom-built home was completed in late 2019. Spacious and stylish, it features 6 bedrooms (currently 5 bedrooms with an office) 2.5 bathrooms; a luxury master suite with his and her walk-in closets and a 5-piece master ensuite; a gourmet eat-in kitchen with custom white shaker cabinets, a large two-tone island, quartz countertops, stainless steel appliances, 5 burner gas stove, a porcelain farmhouse sink & modern light fixtures. The kitchen is open to the living room & dining area making the space ideal for entertaining! High-end finishes include driftwood hardwood floors, intricate marble tile work, quartz countertops throughout, a large laundry room, gas fireplace, 9' Ceilings, 8'' trim work, and a 932 square-foot, finished, heated 3 car garage. This property is fully landscaped with multiple sitting areas, hot tub & gas fire pit to enjoy every season. This home is turnkey with space for personalization. The 1,245 sq ft commercial shop was designed to complement the house, and was completed in mid-2020. It is a licensed & permitted commercial retail space with a separate meter, centrally located on Midway's Main Street. The interior is completely finished with a half bath, water, electricity and is fully insulated with heating and cooling. The inside is a blank canvas ready to be outfitted for the next new business to Midway! Park City is just 25 minutes away, and the Heber Airport is 7 minutes away. The new Mayflower Ski Resort run by Deer Valley is 15 minutes away. Midway's value will only go up from here. Buyer or Buyer's Agent to verify all information within, including city business permits, etc.
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0.32ACRES
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01/2 BATHS
School Ratings & Info
Description
Unique and rare dual-zoned property with main street frontage in the heart of desired Midway, Utah. There is very limited commercial property available on Main Street, so here is an opportunity to own a piece while living in peaceful luxury. Intended to be single-family living but can be so much more. Due to dual-zoning, ***this is one of the very few properties in Midway you can legally Airbnb***, OR live there full time while renting or working out of the 1,245 sq ft detached commercial unit with it's own meter (August 2023) and professionally installed Epoxy Flooring (May 2023)! 7% min Cap rate- Rent either portion for $5k-$6k monthly or airbnb for more! The beautiful custom-built home was completed in late 2019. Spacious and stylish, it features 6 bedrooms (currently 5 bedrooms with an office) 2.5 bathrooms; a luxury master suite with his and her walk-in closets and a 5-piece master ensuite; a gourmet eat-in kitchen with custom white shaker cabinets, a large two-tone island, quartz countertops, stainless steel appliances, 5 burner gas stove, a porcelain farmhouse sink & modern light fixtures. The kitchen is open to the living room & dining area making the space ideal for entertaining! High-end finishes include driftwood hardwood floors, intricate marble tile work, quartz countertops throughout, a large laundry room, gas fireplace, 9' Ceilings, 8'' trim work, and a 932 square-foot, finished, heated 3 car garage. This property is fully landscaped with multiple sitting areas, hot tub & gas fire pit to enjoy every season. This home is turnkey with space for personalization. The 1,245 sq ft commercial shop was designed to complement the house, and was completed in mid-2020. It is a licensed & permitted commercial retail space with a separate meter, centrally located on Midway's Main Street. The interior is completely finished with a half bath, water, electricity and is fully insulated with heating and cooling. The inside is a blank canvas ready to be outfitted for the next new business to Midway! Park City is just 25 minutes away, and the Heber Airport is 7 minutes away. The new Mayflower Ski Resort run by Deer Valley is 15 minutes away. Midway's value will only go up from here. Buyer or Buyer's Agent to verify all information within, including city business permits, etc.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-12-01T04:56:52.673. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.