Catylist ID:
#30871760
| Catylist Listing ID: | 30871760 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other |
| Building Status: | Proposed |
| Building Size (RSF): | 10,500 SF |
| Gross Land Area: | 0.14 Acres |
| Sale Price: | $249,000 |
| Unit Price: | $23.71 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment, Vacant/Owner-User |
| Building Name: | Opera House/Elks Lodge |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/26/2024 |
Overview / Comments
|
10,500± SF historic three-story brick building on .14± acres located on the corner of River and Exchange Street. Formerly known as the Opera House/Elks Lodge. Significant investment with new developments planned in downtown Rumford. Considerable value-add opportunity through renovating existing spaces or redevelopment. Contributing structure in a historic district. Close proximity to Sunday River and Bethel. |
Attachments & Media
Additional Details
| Nearest MSA: | Augusta-Waterville |
| County: | Oxford |
| Submarket/Township: | ME-Other |
| Submarket Type: | Historic District |
| Tax ID/APN: | 17270_117-260 |
| Zoning: | COMMERCIAL |
| Retail Clientele: | General, Family, Business, Traveler, Tourist |
| Property Located Between: | River and Exchange Street |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Hartford Street |
| Feet of Frontage: | 50 |
| Highway Access: | US Route 2 |
| Airports: | Auburn-Lewiston Airport |
| Area Description: | Located in the heart of downtown Rumford along the Androscoggin River |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 3 |
| Property Condition: | Average |
| Year Built: | 1900 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Exterior Description: | Brick Masonry |
| Parking Type: | Surface |
| Parking Description: | Street parking |
| Zoning Description: | Commercial |
| Lot Frontage: | 50 |
| Lot Depth: | 72 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,866 | 6,526 | 8,711 |
| Median Age: | 39.78 | 43.98 | 44.8 |
| Households: | 1,358 | 2,979 | 3,911 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions. |
