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192 Elm StreetNewport, ME 04953Price: $549,000

  • Price: $549,000
  • 97 Days on Market
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Federal 30-year interest rate: 7.18% last updated on Sep 14, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $549,000List Price
  • 0.72Acreage
  • 7,800Square Feet
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Listed by Keller Williams Realty
Investment property with two buildings located on busy Routes 2/7 and less than one mile to Maine Turnpike Exit 159. The town of Newport is the shopping/service center of the surrounding area and this property is conveniently situated to cater to the outlying community. The front bulding is 4,800+/- SF and is currently occupied by Home Hardware & More. Note: the hardware business is not for sale. This building features an open concept retail area, small office, two half baths, and second floor mezzanine used as production space. The mezzanine was renovated with new flooring , lighting and paint two years ago. The metal siding is three years old and the vinyl siding on the front of the building is new. This business is currently a tenant at will and can remain if a new owner is interested or will vacate should a new owner choose to occupy the space themselves. The rear building is a 3,000+/- SF warehouse with one drive-in bay and brand new 200 am electrical service. This building is currently shared by Home Hardware & More and a second tenant and is ideal for storage or a larger scale repair/workshop. Both buildings share a paved parking lot with approximately 8-10 spaces.

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Lakepoint Real Estate participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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