192 Elm Street

Description

Investment property with two buildings located on busy Routes 2/7 and less than one mile to Maine Turnpike Exit 159. The town of Newport is the shopping/service center of the surrounding area and this property is conveniently situated to cater to the outlying community. The front bulding is 4,800+/- SF and is currently occupied by Home Hardware & More. Note: the hardware business is not for sale. This building features an open concept retail area, small office, two half baths, and second floor mezzanine used as production space. The mezzanine was renovated with new flooring , lighting and paint two years ago. The metal siding is three years old and the vinyl siding on the front of the building is new. This business is currently a tenant at will and can remain if a new owner is interested or will vacate should a new owner choose to occupy the space themselves. The rear building is a 3,000+/- SF warehouse with one drive-in bay and brand new 200 am electrical service. This building is currently shared by Home Hardware & More and a second tenant and is ideal for storage or a larger scale repair/workshop. Both buildings share a paved parking lot with approximately 8-10 spaces.