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174-176 Croswell Road

Farmington, ME 04938
  • $124,900
  • STATUS: Active
  • MLS #: 1495002
UPDATED: 14 min ago
$124,900
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 362
    SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1900
County:
Area:

School Ratings & Info

Mortgage Calculator tool is provided by BoomTown.

Description

Farmington Falls- Incredible opportunity for investors/business owners! Multiple lots include the Farmington Falls post office with an existing long term lease and a vacant lot approved for a commercial store build with dimensions and permit available upon request. This corner lot has excellent drive-by visibility and is the former site of a successful corner store with over 150 years of history. The post office has almost 3 years remaining on the lease with an additional 5 year option with a guaranteed monthly income from a government tenant who has occupied the space for decades. A brand new metal roof was just installed, ensuring years of maintenance free usage. Enjoy a combination of super safe, long term rental income along with a development opportunity in a proven location!

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-01-18T22:47:19.67.
www.thenewenglandreco.com/homes/117951438
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174-176 Croswell Road Farmington, ME 04938

  • Price: $124,900
  • Status: Active
  • On Site: Days
  • Updated: 14 min ago
  • MLS #: 1495002
0
Beds
0
Baths
0
½ Baths
0.17
Acres
362
SQFT
$345
$/SQFT
1900
Built
Neighborhood:
Farmington
County:
Franklin
Area:
Farmington
Property Description
Farmington Falls- Incredible opportunity for investors/business owners! Multiple lots include the Farmington Falls post office with an existing long term lease and a vacant lot approved for a commercial store build with dimensions and permit available upon request. This corner lot has excellent drive-by visibility and is the former site of a successful corner store with over 150 years of history. The post office has almost 3 years remaining on the lease with an additional 5 year option with a guaranteed monthly income from a government tenant who has occupied the space for decades. A brand new metal roof was just installed, ensuring years of maintenance free usage. Enjoy a combination of super safe, long term rental income along with a development opportunity in a proven location!
Exterior Features

Construction Wood Frame Exterior Vinyl Siding Foundation Materials Pillar/Post/Pier Parking 5 - 10 Spaces Roof Metal

Interior Features

Basement None Cooling None Heat Fuel Oil Heat System Hot Air

Property Features

Electric Circuit Breakers Full Tax Amount Amount 571.00 Leased Land No Leases Yes Location Business District Property Uses CommercialConvenience StoreGovernmentalGroceryOther Sewer Private Sewer Surveyed Yes Tax Year 2020 Water Public Zoning Village Business

Listing provided courtesy of Brookewood Realty.

© 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-01-18T22:47:19.67.
 
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