58 Main Street, Oakland, ME, 04963
1890
6,452 sqft
Looking for an investment property with good positive cash flow? Being sold at an impressive 8.5% cap rate! Modified Gross Income of $59,280 and $22,659 in expenses. How about a highly visible (4,800 daily traffic count) space to open or expand your own business? You will want to see this Commercial Building with Residential income as well. First Floor features 4 commercial spaces while the second and third floor have spacious residential units. One residential unit has 4 bedrooms and 2 bathrooms, the other has 2 bedroom and one bath, each unit has its own laundry hook up. New boilers in 2019, new heat pumps for the residential units in 2023. Lots of electrical and cosmetic updates over the past 3 years.
Status:
Active
Type:
Commercial
Zoning:
none
Heating:
Other, Multi-Zones, Hot Water, Heat Pump, Baseboard
Cooling:
Heat Pump
Basement:
Walk-Out Access, Full, Unfinished
Parking:
Other
Acreage:
0.09
Est. Taxes:
$3,214
Construction
Vinyl Siding, Wood Frame
Lot Description:
Downtown, Near Shopping
MLS #:
1592739
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Surette Real Estate office@surette-realestate.com