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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. |  |
Listing courtesy of Surette Real Estate
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