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Home For Sale Maine Searsport 1708
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Mixed Use For Sale By Owner

Searsport ME Commercial building with two apartments on Rt 1

34 Main St , Searsport, Maine 04974 United States

Live where you work.

Antique and hand tool business (for 17 years) with a large inventory on first floor, two apartments on second floor with good rental history.

$285,000 with inventory or $235,000 without.

Three small storefronts and a rear workshop on first floor, parking and large backyard. Storefronts could provide rental income between $250 to $500 each; workshop $100. Located next to Penobscot Marine Museum Store. Right storefront is one story high with a walk up rear entrance to the smaller apartment.

One apartment has 5 rooms on second and third floor (nifty large loft). Other apartment has 3 rooms on second and third floor. Shared washer/dryer area interconnects two apartments, which could be used as one. Current rental income $750 and $500.

New roof summer 2011. New windows summer 2012. Foundation work in progress, 1/3 completed, 2/3 remaining to be done, repairs include new wood beams; no urgency, costs so far $3,000; $10,000 has been deducted from the sale price to allow for completion of this work.

Left storefront (Davistown Museum History Information Center): 10 x 30

Center storefront (antique store): 26 x 31

Right storefront (used hand tools): 12 x 48' 9"

Workshop: 10 x 28

Storage area and furnace: 11 x 14

Affiliated stores are Liberty Tool Co. and Hulls Cove Tool Barn; significant discounts up to 30% available on their huge inventory for restocking.

Price: $285,000
Property Sub-Type: Mixed Use
Total Lot Size : 4000 SF
Year Built : 1820
Listing ID: 1708

Map of: 34 Main St , Searsport, Maine 04974 United States

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