Looking for an investment property with good positive cash flow? How about a highly visible (4,800 daily traffic count) space to open or expand your own business? You will want to see this Commercial Building with Residential income as well. First Floor features 4 commercial spaces while the second and third floor have spacious residential units. One residential unit has 4 bedrooms and 2 bathrooms, the other has 2 bedroom and one bath, each unit has its own laundry hook up. New boilers in 2019, new heat pumps for the residential units in 2023. Lots of electrical and cosmetic updates over the past 3 years.
A truly unique opportunity to acquire this one of kind versatile property. Consider the opportunities for residential and commercial uses and potential further development. This property is located in Central Maine. A prime location, approximately 10 minutes from Interstate 95, and many of the region's bustling economic activities and natural resources. Over 30 acres encompass a ~7000SF residence with generous and flexible layout, gorgeous barn venue rated for 400 people, full sized outdoor arena with viewing box, 2 turn-out areas, 3-stall barn & tack room, barn for hay storage, 5-car garage, lighted parking lot for 200 cars, pond and open fields. The main house has a flexible floor plan with 3 finished levels that expands to accommodate multi-generational/apartment living options with 2 full kitchens. The enclosed barn was converted in 2016 to an ultra-modern and high style venue that has been used for weddings, receptions, entertainment with a rustic flair.
Large parcel with excellent visibility! Multiple buildings with lots of options. 300+/- feet of road frontage. Great location for your business!! Square footage reflects multiple buildings.
Many commercial opportunities to explore with this property. High traffic count, paved parking lot with plenty of parking space, 1600 square foot steel frame building, 0.77 acre property, and less than a half mile from the interstate!
Oakland is located in Maine. Oakland, Maine has a population of 6,218. Oakland is more family-centric than the surrounding county with 30.3% of the households containing married families with children. The county average for households married with children is 24.82%.
The median household income in Oakland, Maine is $49,720. The median household income for the surrounding county is $50,116 compared to the national median of $57,652. The median age of people living in Oakland is 45.2 years.
The average high temperature in July is 79.8 degrees, with an average low temperature in January of 7 degrees. The average rainfall is approximately 45.4 inches per year, with 64.3 inches of snow per year.