$479,900
Prime mixed-use investment opportunity in the heart of downtown Springvale, ME! This well-maintained building features a fully leased first-floor commercial space currently occupied by a successful restaurant, offering strong and steady income. The second floor includes two spacious, fully rented 3-bedroom apartments, providing additional reliable revenue. With its quality construction, high-visibility location, and stable tenant base, this property is an exceptional opportunity for investors seeking a turnkey asset in a thriving downtown setting. Excellent location, solid returns, and long-term potential -- a must-see addition to any portfolio.
Courtesy of Century 21 North East 207-651-7188
Listing Snapshot
Days Online
0
Last Updated
Full Baths
2
Partial Baths
2
Square Ft.
4,048
Lot Size
0.08 Acres
Year Built
1940
MLS Number
1658610
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Full", "Doghouse", "Unfinished"
Building
Architectural Style: "Colonial", Building Area Total: 4,048, Construction Materials: "Vinyl Siding", "Block", "Masonry", Number Of Units Total: 3, Year Built: 1940, 2 stories, 2 total stories
Cooling
Cooling Included, Cooling: "Heat Pump"
Expenses
Operating Expense: $16,000
Floors
Flooring: "Wood", "Vinyl"
Foundation
Foundation Details: "Block", "Concrete Perimeter"
Heating
Heating: "Hot Water", "Heat Pump", "Baseboard", Heating Included
Income
Gross Income: $60,000
Lot
Features: "Open", "Corner Lot", "Sidewalks", "Intown", 0.08 acres, Area: 0.08, 3,485 square feet
Parking
Features: "1 - 4 Spaces", "Gravel", "Common", "Off Site", "On Street"
Property
Parcel Number: SANF-000009-K000015, Zoning: Urban
Roof
Roof: "Membrane"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $4,903, Tax Lot: 9
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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30 Days Snapshot Of 04083
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Fred Andrews
Designated Broker | CEO

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Listing Information © Maine Real Estate Information System, Inc. All Rights Reserved.
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.

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