Brunswick, ME 04011 19 Mason Street
$995,000



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Presented By: EXP Realty;
Home Details
This is a rare opportunity to invest in a prime mixed-use building in the heart of downtown Brunswick. Located in the highly sought-after GM6 District, this expansive property offers nearly 5,000 square feet of space and excellent visibility in a high-traffic area—ideal for residential, commercial, or combined use. Currently configured as four units, the building generates a projected gross annual rent of $90,000, resulting in a solid 7.5% CAP rate. Over the past four years, the property has undergone extensive renovations, including the installation of three new heating systems, the addition and renovation of multiple bathrooms, a full remodel of a two-bedroom, two-bath residential unit, and the installation of new windows. Additional upgrades include construction of a two-story staircase to provide a second egress, exterior painting, foundation repairs, and a storefront conversion. Two long-term tenants are currently in place, with leases secured through April 2027, offering immediate and stable rental income. This well-maintained and versatile building is a standout investment opportunity in a growing and vibrant downtown district. Cross Reference Multi Family Listing : MLS 1625919.
Presented By: EXP Realty;
Interior Features for 19 Mason Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
BasementWalk-Out Access, Daylight, Full, Partial
Basement (Y/N)No
FlooringWood, Tile
Heating Y/NYes
General for 19 Mason Street
Additional Parcels Y/NNo
Business TypeBed & Breakfast, Church, Commercial, Retail, Other
Carport Y/NNo
CityBrunswick
Construction MaterialsWood Siding, Wood Frame
CoolingNone
CountyCumberland
ElectricCircuit Breakers
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingZoned, Hot Water, Forced Air
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet8276.4
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Property SubtypeMixed Use
Property TypeCommercial Sale
Rent Control Y/NNo
RoofMembrane, Metal, Other
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount6673.0
Tax Lot167
Tax Year2024
Virtual TourClick here
Year Built1900
ZoningCommercial
Exterior for 19 Mason Street
Building Area Total3284.0
Crops Included Y/NNo
Foundation DetailsStone, Granite, Brick/Mortar
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRail Available, Near Shopping
Lot Size Acres0.19
Lot Size Area0.19
Open Parking Y/NNo
Parking Features1 - 4 Spaces, Off Site, On Site
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History

Malayka Harriman
Listing/Buyer Specialist