Downtown Investment property 8.19 cap rate

Retail-Commercial for Sale
Catylist Listing ID: 30851069
Property Subtypes: Mixed Use, Street Retail
Building Size (RSF): 2,331 SF
Gross Building Area: See Agent
Sale Price: $275,000
Unit Price: $117.98 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/11/2024

Overview / Comments

Recently renovated downtown investment property. Easily managed, one retail unit & one apartment. Great property to start or add to your portfolio. 8.63 Cap rate on current income.

Attachments & Media

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $2,513 (Annual)
Net Operating Income $23,743 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 34/116
Zoning: 17
Heat Type: Oil

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,517 11,546 23,070
Median Age: 42.01 42.51 43.9
Households: 1,559 4,923 9,721

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