Brunswick, ME 04011,19 Mason ST
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Brunswick, ME 04011,19 Mason ST
Brunswick, ME 04011,19 Mason ST
Brunswick, ME 04011,19 Mason ST
Brunswick, ME 04011,19 Mason ST
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Listed by EXP Realty
$ 995,000
Active

19 Mason ST Brunswick, ME 04011

3,284 SqFt


UPDATED:

Key Details

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Active

Square Footage 3,284 sqft

MLS Listing ID 1625920

HOA Y/N No

Year Built 1900

Annual Tax Amount $6,673

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Mixed Use

Source Maine Listings

Property Description

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.

Location

State ME

County Cumberland

Zoning Commercial

Rooms

Basement Walk-Out Access, Daylight, Full, Partial

Interior

Heating Zoned, Hot Water, Forced Air

Cooling None

Flooring Wood, Tile

Exterior

Parking Features 1 - 4 Spaces, Off Site, On Site

Utilities Available 1

View Y/N No

Roof Type Membrane,Metal,Other

Building

Lot Description Rail Available, Near Shopping

Story 3

Foundation Stone, Granite, Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Wood Siding,Wood Frame

Others

Energy Description Propane

Virtual Tour https://www.harbor-photo.com/19masonst


Maine MLS (MREIS) IDX
agent

Cassie Mason

Broker | Bean Group016220

+1(207) 418-1560

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19 Mason ST