Oakland, ME 04963 58 Main Street

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Presented By: Surette Real Estate; office@surette-realestate.com
  • MLS# 1592739
  • 12/09/2024
  • Request Tour
  • Request Info
  • SQFT • 6,452

Home Details

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.
Presented By: Surette Real Estate; office@surette-realestate.com

Interior Features for 58 Main Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
BasementWalk-Out Access, Full, Unfinished
Basement (Y/N)No
FlooringWood, Vinyl, Carpet
Heating Y/NYes

General for 58 Main Street

Additional Parcels Y/NNo
Business TypeOffice Building, Retail, Other
Carport Y/NNo
CityOakland
Construction MaterialsVinyl Siding, Wood Frame
CoolingHeat Pump
CountyKennebec
ElectricCircuit Breakers
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingOther, Multi-Zones, Hot Water, Heat Pump, Baseboard
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet3920.4
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Property SubtypeGeneral Commercial
Property TypeCommercial Sale
Rent Control Y/NNo
RoofOther, Shingle
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive Under Contract
StatusActive Under Contract
Stories2
Tax Annual Amount3214.0
Tax Lot106
Tax Year2023
Waterfront Y/NNo
Year Built1890
Zoningnone

Exterior for 58 Main Street

Building Area Total6452.0
Crops Included Y/NNo
Foundation DetailsBrick/Mortar
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesDowntown, Near Shopping
Lot Size Acres0.09
Lot Size Area0.09
Open Parking Y/NNo
Parking FeaturesOther
Water SourcePublic

Additional Details

Price History

Mason Dupuis

Associate Broker
Price $439,900
MLS#1592739
List Date 12/09/2024
Property Type Contingent
Phone 207.504.1746
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