256 Main Street

Description

Investor opportunity in Kingfield - vacant lot + 2 buildings - over 125 ft of direct Main St frontage. Prime opportunity for New Construction, featuring a ~2,400 sq ft lot that is buildable (buyer to verify size, commercial or residential, subject to town code restrictions), and two established buildings with over 11,000 sq ft commercial and residential spaces. Own a select piece of historic Main St in Kingfield! Build new apartment units to meet the housing demands; bring your brewpub to town, the grease trap is already installed; ideal location for mixed-use. Just a short drive from Sugarloaf Mountain and situated at the prominent corner of Main and Depot St. Current buildings include five commercial spaces and two residential apartment units (1Bed/1Bath and 2Bed/2Bath). Plus, an additional 1,788sq ft of storage space that could also be renovated into additional apartments or commercial office/retail/studio space; the range of possibility is huge. Lots of potential and recent capital improvements, including the grease trap, as well as established residential and commercial leases sets the foundation for a solid investment. Owner financing option available with 40% down, 5-year balloon payment, rate TBD.