44 Main StreetOrono, ME 04473MLS Number 1434565

  • Price: $385,000
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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.
  • 0.08Acreage
  • 2,018Tax Year
  • ActiveListing Status
  • 27Map

Not very often does a great commercial building come available in downtonwn Orono. Amazing investment opportunity with this turnkey, fully rented, 5 unit property. Consist of 2 commercial rentals, 1 office rental, a one bedroom apartment and a 5* bedroom apartment. Current monthly rents are $4500 but will be $5500 in June 2020. NOI is $34,000 now and will be going up $1,000 a month in June 2020 ($46,000). The apartments have a great rental history. Long term tenants occupy the 2 commercial spaces. Right in the Heart of Orono ! Seller will be removing this listing on 11-30-19 and may not list the property again for decades. Better hurry or itll be going going gone!

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 Number44
  • StreetMain Street

Building

  • RoofRolled/Hot Mop, Shingle

Property

  • Acreage0.08
  • Sq Ft Finished Total5000
  • Leased LandNo

Utilities

  • Heat SystemForced Air, Hot Air
  • Heating FuelGas Natural
  • Waste Water DisposalPublic Sewer
  • WaterPublic
  • ElectricCircuit Breakers
  • GasNatural - On Site

Tax Information

  • Tax Year2,018

Location

  • StateME
  • TownOrono
  • Zip04473
  • LocationBus Line, Business District, Downtown, Near Shopping, Near Turnpike/Interstate
  • CountyPenobscot
  • Map27

Interior

  • FloorsCarpet, Vinyl, Wood

Property Information

  • Property UsesBar/Tavern/Lounge, Executive Suites, Office Building, Other

Photos

  • Number of Photos15
  • Last Img Trans Date10/25/2019

Basic Information

  • List Price$385,000
  • MLS Number1434565
  • Address44 Main Street
  • Broker NameBean Group
  • Modification Date11/01/2019
  • Agent ID008245
  • Broker ID2970
  • Listing StatusActive

Exterior

  • ExteriorClapboard, Vinyl Siding

Other

  • Parking SpacesLeased
  • View Count1

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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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