529 Main Street

Fryeburg, ME 04037

MLS ID# 4870246 Active
Business

$625,000



Details for 529 Main Street, Fryeburg ME 04037

OUTSTANDING COMMERCIAL LOCATION. Gracing the corner of Main and Oxford Streets, this location has great visibility and provides an excellent opportunity for a successful home/office/commercial venture. This “all in one” multi-use property has history dating back to 1805 and offers a perfect place to reside where you work (or not). Enter and appreciate the comfortable elegance of yesteryear with a property lovingly cared for as a primary residence to one family, over 40 years. 3,500sq’ main 2 story home plus 2800sq’ spread over its 4 apartments. The 2 front facing living rooms have fireplaces and would make ideal professional offices, in addition to the library w/ built in shelves and a formal dining room which leads to a large eat-in kitchen, updated 12 yrs ago. Enjoy lunch on the big breezy screen porch or the ½ ground with plenty of greenspace and shade. Additional office/work or living space on the 2nd floor, currently consisting of 4 bedrooms and 3 + baths. Large unfinished attic and full walkout basement offers even more space for creating whatever is needed. 1st floor laundry & pantry lead into another foyer providing additional access to Apartment 3 & 4. An upstairs corridor also attaches into 2 apartments plus there are also 2 first floor apartments, all with an opportunity to generate income well beyond the current, this is an ideal property with multiple opportunities to meet your varied needs. Call Badger Realty at 603-356-5757 NOTE: Income and Expenses provided. NOI reflects much lower than market rents for 4 units and owner occupants for large home. See also MLS # 4870178 for additional description and photos of residence.

Features and Details

  • Category Commercial
  • Type Business
  • Village/Neighborhood
  • County Oxford
  • Lot Size 22216
  • Acreage 0.51
  • MLS ID# 4870246

Apx Bldg SqFt
6300
Basement
Concrete Floor, Daylight, Full, Storage Space, Unfinished, Walkout, Interior Access, Yes
Construction
Wood Frame
Accessibility Features
1st Floor 1/2 Bathroom, 1st Floor Hrd Surfce Flr, Access Common Use Areas, Access Laundry No Steps, Access Parking, Hard Surface Flooring, No Stairs from Parking, Paved Parking
Building #
529
# of Stories
2
Cooling
None
Heating
Steam, Stove - Wood
Parking
Driveway, Parking Spaces 5 - 10, Paved, Unpaved
Excluded
Most furniture and all personal property in house and apartments are not included. Some furnishings negotiable.
Lot Description
Alternative Lots Avail, Corner, Curbing, Landscaped, Level, Neighbor Business, Sidewalks, Street Lights
Operating Expense Inc
Heat, Insurance, Maintenance, Other, Snow Removal, Utilities, Water
Siding
Vinyl Siding
Equipment
Smoke Detectr-HrdWrdw/Bat
Total
Units: 5
Utilities
Internet - Cable
Water
Public
Sewer
Private, Septic Design Available
Zoning
Village Commercial
Location
Business District, Commercial Zoning, In Town, Village
Property Types
Business, Hospitality, Investment, Multi-Family, Office, Opportunity, Other
Property Type Use
Bed/Breakfast, Business w/ Real Estate, Historic Building, Office Building, Other
Deed
Book: 302, Page: 26
Foreclosed/Bank-Owned
Foreclosed/Bank-Owned: No
Delayed Showings
No
Sale Includes
Equipment, Garage, Land/Building
Sale Type
Sale

Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. Subject to errors, omissions, prior sale, change or withdrawal without notice.

This listing was last updated on 7/7/2021 9:09:15 PM.