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Presented by
Al Papsun |
58 Main Street, Oakland, ME, 04963 | $439,900
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.
Features
- Property Type: General Commercial
- Construction: Vinyl Siding, Wood Frame
- Parking: Other
- Heating: Other, Multi-Zones, Hot Water, Heat Pump, Baseboard
- Cooling: Heat Pump
- Zoning: none
- Year Built: 1890
- Approx Sq. Feet: 6,452
- Acreage: 0.09
- Est. Taxes: $3,214
- Lot Desc: Downtown, Near Shopping
- MLS#: 1592739
- Website: https://www.raveis.com
/prop/1592739/58mainstreet_oakland_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. |  |
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Al PapsunSales Associate
203.980.6053
Al.Papsun@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Richard CannavaroVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 89074
203.605.5576
Rick.Cannavaro@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Brian KellyInsurance Sales Director, William Raveis Insurance
860.655.6934
Brian.Kelly@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable