Office/Residential Building

Office for Sale
Also listed as Multi-Family
Catylist Listing ID: 30731341
Property Subtypes: Mixed Use, Office Building, Other
Building Size (RSF): 4,025 SF
Gross Building Area: See Agent
Gross Land Area: 0.29 Acres
Sale Price: $399,000
Unit Price: $99.13 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/26/2024

Overview / Comments

4,025± sf office/residential building on a 0.29± acre parcel
The building has 1,425± sf of office on the first floor and a 2,600± sf apartment on the upper floors.
Area businesses include Ripley and Fletcher, Advanced Auto Parts, KFC, McDonald’s and Oxford County Dealership.
Renovated in 2011
Prime location in downtown South Paris on Main Street
Ideal owner/user property with cash flow benefit

Attachments & Media

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $4,823 (Annual)
Assessed Value - Total($) $265,000 (Annual)

Additional Details

Nearest MSA: Lewiston-Auburn
County: Oxford
Submarket Type: Central Business District
Taxing Authority: Town of South Paris
Tax ID/APN: Map U7, Lot 87
Zoning: COMMERCIAL
Property Visibility: Good
Highway Access: Maine Turnpike
Airports: Portland International Jetport
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1920
Year Renovated: 2011
Roof Type: Gable
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: On-site
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,573 5,422 12,279
Median Age: 36.93 42.75 44
Households: 674 2,323 5,195

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