$350,000
Commercial Multi-Family Mixed-Use Property For Sale A Prime Investment Opportunity Nestled in a bustling neighborhood, a unique commercial multi-family mixed-use property is now available for sale. This property presents an exceptional investment opportunity, combining commercial space with residential rentals, ensuring a steady income stream. The Commercial Floor The first… Read More floor of this property has a rich history, having housed a successful convenience store and restaurant for many years. Although currently closed, the business can be effortlessly revived, thanks to the inclusion of all store and restaurant equipment with the sale. This turn-key opportunity means that entrepreneurs can hit the ground running without the hassle of sourcing and purchasing new equipment. The space is not limited to a convenience store and restaurant; it is also well-suited for general retail. With its prominent location and the adaptability of the space, a variety of businesses could thrive here, from boutique shops to service providers. The adaptable layout can accommodate different retail needs, making it an attractive option for potential tenants or owner-operators. The Residential Floor Above the commercial space, the second floor comprises three fully occupied apartments, adding another layer of financial stability to the property. These well-maintained units provide comfortable living spaces, ensuring high tenant retention and demand. • Read Less
Courtesy of Keller Williams Realty 207-879-9800
Listing Snapshot
Days Online
166
Last Updated
Full Baths
3
Square Ft.
3,400
Lot Size
0.38 Acres
Year Built
1865
MLS Number
1614504
Additional Details
Basement
Basement: "None", "Not Applicable"
Building
Architectural Style: "Other", Building Area Total: 3,400, Construction Materials: "Shingle Siding", "Wood Frame", Number Of Units Total: 3, Year Built: 1865, 25 stories, 25 total stories
Cooling
Cooling Included, Cooling: "Wall/Window Unit(s)"
Expenses
Operating Expense: $4,200
Floors
Flooring: "Laminate"
Foundation
Foundation Details: "Block"
Heating
Heating: "Other Heat System", Heating Included
Income
Gross Income: $32,760
Lot
Features: "Level", "Intown", 0.38 acres, Area: 0.38, 16,553 square feet
Owner Pays
Owner Name: The Common Loon LLC
Parking
Features: "11 - 20 Spaces", "Gravel", "Common", "Off Street"
Pets Policy
Pets Allowed: "Other Restrictions"
Property
Parcel Number: LOVE-000000-U000002-000028, Zoning: Commercial
Roof
Roof: "Metal"
Sewer
Sewer: "Septic Tank", "Septic Design Available"
Taxes
Annual Amount: $1,804, Tax Lot: 28
Utilities
Electric: "Circuit Breakers", Water Source: "Well", "Private"
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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