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Listed by Britani Holloway Berkshire Hathaway HomeServices Northeast Real Estate
$ 315,000
Est. payment /mo
Active
16 Beech ST Calais, ME 04619
2,880 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type General Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $109
MLS Listing ID 1678830
HOA Y/N No
Year Built 2001
Tax Year 2025
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type General Commercial
Source Maine Listings
Land Area 2880
Property Description
Four Doors. Four Income Streams. One Very Manageable Property. Some investment properties come with a long list of things to manage. This one keeps it refreshingly simple. This stand alone mixed use building in Calais offers four separate rental units.....two commercial spaces on the first floor and two one bedroom apartments above. All four are currently rented, creating an established income producing property with a diversified mix of commercial and residential tenants. Built in 2001 and well maintained, the property is designed for functionality and ease of ownership. A large paved parking area provides plenty of space for tenants and customers, while the lack of lawn means there is little in the way of grounds maintenance. Upstairs, each apartment has a large private deck...an appealing amenity for residential tenants and a feature that adds to the property's overall appeal. The location works for both sides of the property. Situated in Calais near the international border crossing into Canada, it is just minutes from downtown shopping, dining, services and other amenities. There is no renovation project waiting here and no need to dream up a new use. It is already doing what an investment property should do: occupied, producing income and relatively easy to manage. Whether you're expanding an existing portfolio or looking for an approachable way into commercial real estate, this is an investment worth a closer look.
Location
State ME
County Washington
Zoning Urban Residential
Rooms
Basement None, Slab
Interior
Heating Oil, Baseboard, Hot Water, Radiant
Cooling None
Flooring Carpet, Laminate, Linoleum
Exterior
Parking Features 21+ Spaces, Paved
Waterfront Description Nearby
Roof Type Shingle
Building
Lot Description Near Shopping
Story 2
Foundation Slab
Water Public
Others
Tax ID 16BeechStreetCalaisMaine04619
