11 Mechanic Falls RoadOxford, ME 04270MLS Number 1409036

  • Price: $550,000
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Federal 30-year interest rate: 3.75% last updated on Nov 14, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1.67Acreage
  • 1990Year Built
  • 2,018Tax Year
  • ActiveListing Status

This corner lot at a major intersection in an expanding town has the pure potential investors seek out. 1031 opportunity. 10 units, 4 1bedroom rented units and tons of commercial space currently divided into 6 units. Over 600ft of combined road frontage on busy route 26 and route 121. This gateway to lakes and ski slopes for year round recreation is poised for a 10+ cap rate. Preliminary evaluation allows for additional building to be built on site and or lot may be split. Confirm with town code officer. Come invest with the other in visionaries already rolling the dice and racing around the track.

Listed by Bean Group

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The Swan Agency Sotheby's International Realty in Bar Harbor
The Swan Agency Sotheby's International Realty in Bar Harbor
43 Cottage St
PO Box 46
Bar Harbor,, ME 04609

More Info

Location Information

  • Building Number11
  • StreetMechanic Falls Road

Building

  • BasementSlab
  • Total Units9
  • Year Built1990
  • FoundationPoured Concrete
  • Building ConstructionWood Frame
  • Building FeaturesFire System, Sprinkler - Wet
  • RoofShingle

Property Information

  • Property UsesAuto Service, Bar/Tavern/Lounge, Bed and Breakfast, Car Wash, Child Care, Church, Commercial, Convenience Store, Development, Distribution, Executive Suites, Freestanding Building, Governmental, Grocery, High-Tech, Hotel/Motel, Institutional, Manufacturing, Medical, Neighbo
  • Zoning OverlayYes

Tax Information

  • Tax Year2,018

Location

  • StateME
  • TownOxford
  • Zip04270
  • CountyOxford
  • MapU30
  • Road Frontage209

Property

  • Acreage1.67
  • Sq Ft Finished Total10000
  • Leased LandNo

Photos

  • Number of Photos12
  • Last Img Trans Date05/17/2019

Other

  • Easement RemarksMechanic Falls Hydro Company drain pipe
  • Parking Spaces21+ Spaces, On Site, Paved
  • View Count6

Basic Information

  • List Price$550,000
  • MLS Number1409036
  • Address11 Mechanic Falls Road
  • Broker NameBean Group
  • Modification Date09/30/2019
  • Agent ID006133
  • Broker ID2484
  • Listing StatusActive

Exterior

  • ExteriorVinyl Siding

Utilities

  • Heat SystemHot Water
  • Heating FuelOil
  • Waste Water DisposalPrivate Sewer, Septic Design Available, Septic Existing on Site
  • WaterPublic
  • CoolingCentral Air
  • ElectricCircuit Breakers

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2019 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

The Swan Agency Sotheby's International Realty participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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