58 Main Street, Oakland, ME, 04963

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:

Pending

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



Listing courtesy of Surette Real Estate office@surette-realestate.com