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10 Oak Street

Boothbay Harbor, ME 04538
  • $1,250,000
  • STATUS: Active
  • MLS #: 1514829
$1,250,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,191
    SQFT
Neighborhood:
Type:
Commercial-Lease
County:

School Ratings & Info

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Description

Travel down Boothbay Region's most scenic coastal roads to the heart of it all where this downtown corner lot, with high foot/vehicle traffic, and plenty of rare onsite parking holds a stunning 5,000+ sqft, 6 unit (5 residential & 1 commercial) building. Currently fully occupied the building is generating a cap rate of 6.5% and has already been approved by the town for condominium conversion. Making a condo conversion easy, all units are separately metered for electric & propane and have had recent updates to the electrical, hot water tank, and a new high-efficiency furnace in the commercial space. Boothbay Harbor has strong maritime traditions with one of the best boating harbors north of Boston. Enjoy scenic harbor views, prevailing sea breezes, and boating activity with shops, dining and entertainment just steps outside the front door.

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-01-21T23:47:19.8.
www.linscottrealestate.com/homes/123319271
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10 Oak Street Boothbay Harbor, ME 04538

  • Price: $1,250,000
  • Status: Active
  • On Site: Days
  • MLS #: 1514829
0
Beds
0
Baths
0
½ Baths
0.13
Acres
5,191
SQFT
$241
$/SQFT
Neighborhood:
Boothbay Harbor
County:
Lincoln
Area:
Boothbay Harbor
Property Description
Travel down Boothbay Region's most scenic coastal roads to the heart of it all where this downtown corner lot, with high foot/vehicle traffic, and plenty of rare onsite parking holds a stunning 5,000+ sqft, 6 unit (5 residential & 1 commercial) building. Currently fully occupied the building is generating a cap rate of 6.5% and has already been approved by the town for condominium conversion. Making a condo conversion easy, all units are separately metered for electric & propane and have had recent updates to the electrical, hot water tank, and a new high-efficiency furnace in the commercial space. Boothbay Harbor has strong maritime traditions with one of the best boating harbors north of Boston. Enjoy scenic harbor views, prevailing sea breezes, and boating activity with shops, dining and entertainment just steps outside the front door.
Exterior Features

Construction Wood Frame Exterior ClapboardVinyl Siding Foundation Materials Brick/MortarStone Parking 5 - 10 Spaces Roof Shingle

Interior Features

Basement Unfinished Gas Bottled Heat Fuel Propane Heat System BaseboardHot Water

Property Features

Electric Circuit Breakers Full Tax Amount Amount 4215.00 Leased Land No Leases Yes Location DowntownHistoric DistrictNear ShoppingWater View Property Uses CommercialRetail Sewer Public Sewer Surveyed Unknown Tax Year 2019 Water Public Zoning Downtown Business C

Listing provided courtesy of Svn The Masiello Group.

© 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-01-21T23:47:19.8.
 
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22 Cottage Road
South Portland ME, 04106
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