Livermore Falls, ME 04009,1 Depot ST
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Livermore Falls, ME 04009,1 Depot ST
Livermore Falls, ME 04009,1 Depot ST
Livermore Falls, ME 04009,1 Depot ST
Livermore Falls, ME 04009,1 Depot ST
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Listed by Elevate Maine Realty
$ 325,000
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Pending

1 Depot ST Livermore Falls, ME 04009

8,694 SqFt


UPDATED:

Key Details

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Pending

Square Footage 8,694 sqft

MLS Listing ID 1621734

HOA Y/N No

Year Built 1890

Annual Tax Amount $1,266

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Mixed Use

Source Maine Listings

Property Description

See MLS#1621732 for more details. Great investment potential. Building is roughly 8,700 SF and currently has 4 commercial spaces and 3 apartments with the potential to add 3 more apartments on the second floor or additional commercial space. Engineering/Architectural drawings are included to turn the second floor space into an event center upon request. Potential to add additional commercial space in basement as well with its own kitchenette only requiring minimal buildout. Building comes with parking lot in back and the potential to purchase an additional attached parking lot from the City for $15,000 per current owner.

(2) of the (4) commercial units are presently occupied by an insurance agency and a therapist. (1) of the (3) residential units are presently occupied. Rent on all units is at $700 per month. With a current rental income is $2,100 per month and a potential income of $4,900 per month ($58,800/Yr) at the current rates and in its current state. Operating expenses are roughly $21,000 per year

Please see MLS multi-family listing #1621732 for additional information.

Location

State ME

County Androscoggin

Zoning Commercial

Rooms

Basement Walk-Out Access, Finished, Full, Unfinished

Interior

Heating Zoned, Hot Water, Heat Pump, Baseboard

Flooring Wood, Vinyl, Concrete, Carpet

Equipment Internet Access Available

Exterior

Parking Features 11 - 20 Spaces

Utilities Available 1

View Y/N No

Roof Type Membrane

Building

Lot Description Water View, Downtown, Near Shopping

Story 3

Foundation Block, Stone, Granite

Sewer Public Sewer

Water Public

Structure Type Brick,Masonry,Wood Frame

Others

Restrictions Unknown

Energy Description Oil, Electric


Maine MLS (MREIS) IDX
agent

Cassie Mason

Broker | Bean Group016220

+1(207) 418-1560

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1 Depot ST