Catylist ID:
#30871758
| Catylist Listing ID: | 30871758 |
| Property Subtypes: | Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other |
| Building Size (RSF): | 11,229 SF |
| Gross Land Area: | 0.33 Acres |
| Sale Price: | $299,000 |
| Unit Price: | $26.63 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/26/2024 |
Overview / Comments
|
11,229± SF historic Art Deco style brick building on .33± acres located on the corner of Congress and Exchange Street. Significant investment with new developments planned in downtown Rumford. Considerable value-add opportunity. 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_117-279 |
| Zoning: | COMMERCIAL |
| Retail Clientele: | General, Family, Business, Traveler, Tourist |
| Property Located Between: | Congress and Exchange |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Hartford |
| Feet of Frontage: | 100 |
| Highway Access: | US Route 2 |
| Airports: | Auburn-Lewiston Airport |
| Area Description: | Located in the heart of downtown Rumford along the Androscoggin River |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Year Built: | 1928 |
| Construction/Siding: | Brick |
| Exterior Description: | Brick and shake shingle siding |
| Parking Type: | Surface |
| Parking Description: | Street parking |
| Zoning Description: | Commercial |
| Lot Frontage: | 100 |
| Lot Depth: | 160 |
| 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 |
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