7-11 Lorette Lane, Augusta, ME, 04330 | $299,000

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.

Features

  • Amenities: 1st Floor Bedroom, Bathtub
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: Laundry - 1st Floor, Main Level
  • Style: Cape
  • Year Built: 1900
  • Garage: 2-car
  • Heating: Radiator, Hot Water
  • Cooling: None
  • Basement: Full, Interior Entry
  • Approx Sq. Feet: 1,581
  • Acreage: 1.24
  • Est. Taxes: $5,868
  • Lot Desc: Level, Intown, Near Shopping, Near Turnpike/Interstate
  • MLS#: 1594058
  • Website: https://www.raveis.com
    /prop/1594058/711lorettelane_augusta_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Brookewood Realty

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