234 Main Street, Lovell, ME 04051

bathrooms 3
|House
THB ฿11,941,533
USD $350,000
Published on: 18 Feb 2025
Last updated on: 18 Feb 2025
234  Main Street, Lovell, ME 04051
234  Main Street, Lovell, ME 04051
234  Main Street, Lovell, ME 04051
+8
234  Main Street, Lovell, ME 04051
  • 8
Property ID: 110097519391
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Single Family Detached, Other - Lovell, ME

234 Main Street, Lovell, ME 04051
Commercial Multi-Family Mixed-Use Property For SaleA Prime Investment OpportunityNestled in a bustling neighborhood, a unique commercial multi-family mixed-use property is now available for sale. This property presents an exceptional investment opportunity, combining commercial space with residential rentals, ensuring a steady income stream.The Commercial FloorThe first floor of this property has a rich history, having housed a successful convenience store and restaurant for many years. Although currently closed, the business can be effortlessly revived, thanks to the inclusion of all store and restaurant equipment with the sale. This turn-key opportunity means that entrepreneurs can hit the ground running without the hassle of sourcing and purchasing new equipment.The space is not limited to a convenience store and restaurant; it is also well-suited for general retail. With its prominent location and the adaptability of the space, a variety of businesses could thrive here, from boutique shops to service providers. The adaptable layout can accommodate different retail needs, making it an attractive option for potential tenants or owner-operators.The Residential FloorAbove the commercial space, the second floor comprises three fully occupied apartments, adding another layer of financial stability to the property. These well-maintained units provide comfortable living spaces, ensuring high tenant retention and demand.â¢Apartment 1: A spacious two-bedroom, one-bathroom unit, perfect for small families or roommates.â¢Apartment 2: Another well-appointed two-bedroom, one-bathroom unit, offering similar amenities and comfort.â¢Apartment 3: A cozy one-bedroom, one-bathroom unit, ideal for singles or couples.Investment PotentialThis property is a lucrative investment opportunity. The combination of commercial and residential spaces ensures diversified income, reducing risk and maximizing returns.

Property Details

Basic Info

Property Type
House
Listing Status
Active
Building Size
315.87 m2
Year Built
1865
Rooms
3 bathroom(s)
Architecture Style
Other
Num Floors
3
County
Oxford
Provider
Keller Williams Realty, Inc.
Brokerage Office Name
Cathy Manchester
Brokerage Office Phone
2078799800
Address
234 Main Street, Lovell, ME 04051
Contact Agent
Ed Larochelle
Keller Williams - Greater Portland
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      Property ID: 110097519391

      Data provided by Keller Williams Realty, Inc., MLS #: 1614504
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