Price Reduced 25.06%
Price History
$399,000
6/17/2024
$349,000
7/1/2024
$299,000
8/5/2024
7-11 Lorette Lane, Augusta, ME, 04330
1900
8,104 sqft
Augusta- Incredible opportunity to own a versatile property offering both residential and commercial possibilities within its own secluded space! This beautiful property features a two-story commercial office building, perfect for a variety of uses and easily adaptable for multiple businesses with its front, side, and rear entrances. The downstairs is a blank slate ready for it's new owners finishing touches. Tons of parking! The residential component includes a 4-5 bedroom, 2-bath home with a detached 2-car garage and a spacious backyard, ideal for relaxation and family gatherings, though it does require rehab prior to occupancy. Additionally, there's a large storage/workshop space with high ceilings, divided into separate sections, one of which is occupied by a long-term tenant. This property is perfect for an entrepreneur looking for a unique live-work setup or an investor seeking diverse income streams. Must be a cash or strong conventional purchase. Seller will consider owning financing.
Status:
Active
Type:
Commercial
Zoning:
RD
Heating:
Heat Pump, Direct Vent Heater, Baseboard
Cooling:
Heat Pump
Basement:
Full
Parking:
11 - 20 Spaces
Acreage:
1.24
Est. Taxes:
$5,868
Construction
Wood Siding, Vinyl Siding, Wood Frame
Waterfront:
Yes
MLS #:
1593613
Community Info
School Info
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Listing courtesy of Brookewood Realty