161 Main ST Newport, ME 04953
10,500 SqFt
UPDATED:
Key Details
Property Type Commercial Sale
Sub Type Multi Family
Listing Status Active
Square Footage 10,500 sqft
MLS Listing ID 1640973
HOA Y/N No
Year Built 1900
Annual Tax Amount $6,356
Tax Year 2025
Lot Size 0.530 Acres
Acres 0.53
Property Sub-Type Multi Family
Source Maine Listings
Land Area 10500
Property Description
Key Features & Improvements:
New roof, windows, and electrical entrances.
Upgraded electrical systems.
New boiler and substantial plumbing work completed.
Sprinkler system already installed.
Generous off-street parking.
With most of the major infrastructure already in place, this property is primed for the finishing touches. The first floor could be completed and could be rented out quickly to begin generating income while finishing the remaining units.
Endless Potential: Five units with 1- bed/1 bath, 5- 2 bed/ 1 bath and 1 -3 bed/ 2 bath.
Don't miss this chance to capitalize on a project with strong bones and serious potential.
Location
State ME
County Penobscot
Zoning Village commercial
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water, Heat Pump, Baseboard
Cooling Heat Pump
Equipment Cable
Exterior
Parking Features On Site
Utilities Available 1
View Y/N No
Roof Type Membrane
Building
Lot Description Near Turnpike/Interstate, Downtown, Near Shopping
Building Description Brick,Steel Frame, Sprinkler - Wet
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Brick,Steel Frame
Others
Energy Description Electric, Gas Bottled
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1640973
