346-348 Main Street Bingham, ME
$209,000
Square Footage 3,854
Acres 0.32
Description
Located on the main street in downtown Bingham, 346-348 Main Street presents an excellent opportunity for a mixed-use, multi-unit investment. Formerly operated as a restaurant with an apartment above, the building offers flexible potential with 2-4 total units depending on configuration.
The first floor could accommodate two residential units or commercial/retail spaces, while the second floor offers the possibility of two 2-bedroom, 1-bath apartments. The commercial setup includes a grease trap, making it well-suited for restaurant or food service use if desired.
The property features a newer metal roof, a recently serviced boiler providing hot water baseboard heat to both floors, and a heat pump on the first floor for additional heating and cooling efficiency.
The sale also includes the parking lot located behind the building, which offers ample off-street parking and potential for two additional building lots (buyer to verify). Restaurant equipment will convey with the sale, creating an opportunity for someone looking to reopen a dining establishment or repurpose the space for another commercial venture.
Positioned in the heart of town with strong redevelopment potential, this property offers a unique chance to invest in downtown Bingham.
Listed by Coldwell Banker Realty, Aaron Kollmeyer 207-282-5988
Details
MLS 1653566
Status Active
Price $209,000
DOM 73 days
Type Commercial
Square Feet 3,854 sqft
Lot Size 0.32 acres
Lot & Building Features
Cooling Heat Pump
Room Details
Basement Description Unfinished, Full
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Financing
$
6.75%
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per month
Principal & Interest
Monthly Taxes
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.

