234 Main St

Lovell, ME 04051
  • $350,000

    Price
  • 0

    Bed
  • 3

    Bath
  • 3,400

    SqFt

About the Listing 1898 - 014963

Commercial Multi-Family Mixed-Use Property For Sale A Prime Investment Opportunity Nestled in a bustling neighborhood, a unique commercial multi-family mixed-use property is now available for sale. This property presents an exceptional investment opportunity, combining commercial space with residential rentals, ensuring a steady income stream. The Commercial Floor The first floor of this property has a rich history, having housed a successful convenience store and restaurant for many years. Although currently closed, the business can be effortlessly revived, thanks to the inclusion of all store and restaurant equipment with the sale. This turn-key opportunity means that entrepreneurs can hit the ground running without the hassle of sourcing and purchasing new equipment. The space is not limited to a convenience store and restaurant; it is also well-suited for general retail. With its prominent location and the adaptability of the space, a variety of businesses could thrive here, from boutique shops to service providers. The adaptable layout can accommodate different retail needs, making it an attractive option for potential tenants or owner-operators. The Residential Floor Above the commercial space, the second floor comprises three fully occupied apartments, adding another layer of financial stability to the property. These well-maintained units provide comfortable living spaces, ensuring high tenant retention and demand. • Apartment 1: A spacious two-bedroom, one-bathroom unit, perfect for small families or roommates. • Apartment 2: Another well-appointed two-bedroom, one-bathroom unit, offering similar amenities and comfort. • Apartment 3: A cozy one-bedroom, one-bathroom unit, ideal for singles or couples. Investment Potential This property is a lucrative investment opportunity. The combination of commercial and residential spaces ensures diversified income, reducing risk and maximizing returns.

Listing Highlights for 234 Main St

Status Pending
Days on Site 201
Property Type Multi-Family
MLS ® 1614504
Year Built 1865
Total Square Footage 3,400
Lot/Acreage 0.38
County Oxford

Interior Details

  • Bedrooms: 0
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Other Heat System
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 3400
  • Below Ground Sq Ft: 0
  • Basement: Not Applicable
  • Other:
  • Water: Well,Private

Exterior Details

  • Lot Description: Level,Intown
  • Garage Capacity: N/A
  • Zoning: Commercial
  • Roof: Metal
  • Others:
  • Sewer: Septic Tank,Septic Design Available
  • Parking Features: 11 - 20 Spaces,Gravel,Common,Off Street

Financial Details

  • Tax Amount: $1,804
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2023

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234 Main St Lovell, ME 04051

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Originating MLS: Maine Listings

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