Mixed Use Investment Opportunity For Sale

Multi-Family for Sale
Catylist Listing ID: 30862796
Property Subtypes: Mixed Use
Number of Units: 3 Units
Building Size (RSF): 9,392 SF
Gross Building Area: See Agent
Gross Land Area: 3.12 Acres
Sale Price: $949,900
Unit Price: $316,633.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/24/2024

Overview / Comments

Excellent investment opportunity or owner occupied business property awaits just minutes from Greater Portland. This gem of a property encompasses a 5100+/-SF commercial event space (The Roost) with commercial kitchen and two dwellings. The first dwelling (referred to as the House) is 2528+/-SF with two floors. The first floor is handicap accessible. Both floors contain a kitchen, full bath and bedrooms/office. The second dwelling (Apartment) is 624+/-SF, one bedroom with potential to be handicap accessible as well. Property has a shared well and each unit has it’s own waste water system and heating system. There is 3-phase at the street and abundant parking onsite. Commercial building is currently being used for catering services and events.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 0001-0137-1A
Zoning: RESIDENTIAL
Total Number of Buildings: 3
Property Condition: Good
Number of Stories: 2
Year Built: 1973
Year Renovated: 2004
Roof Type: Other
Construction/Siding: Vinyl Siding, Wood Frame, Wood Siding
Parking Type: Surface
Total Parking Spaces: 75
Laundry: In Each Unit
Heat Type: Propane, Hot Water
Heat Source: Baseboard, Heat Pump, Other
Fuel: Propane
Air Conditioning: Other
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,023 6,652 16,918
Median Age: 39.91 40.81 40.44
Households: 783 2,594 6,414

Contact

Photograph of Listing Agent

Lisa Church

BOOM Realtors/KW Commercial at Keller Williams Coastal Realty
NECPE Member
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