52 Milbridge Road Cherryfield, ME
$499,000
Square Footage 2,500
Description
What a great investment opportunity. Already in place is an office space leased to local oil company. There is another garage that could be rented or used for a number of opportunities or an idea of your own. Any retail shop, car + truck work, tire shop, or redemption center. Property also has 4 gas pumps with a canopy that needs to be updated. Inquire to get a major gas company to invest in your project. Add a convenience store and you could become a major stop for the area. This is a property with endless opportunities that already has an income with triple net. Interested parties need to sign an NDA for financials. Turn the upstairs of the garage into a living space. Use the income the property is already generating to pay your mortgage and freeing you to work on your own ideas.
Listed by Realty of Maine, Mary Knapp 207-667-2300
Details
MLS 1604684
Status Active
Price $499,000
DOM 82 days
Type Commercial
Square Feet 2,500 sqft
Taxes Paid $4,531
Lot & Building Features
Cooling None
Tax Year 2024
Taxes Paid $4,531
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
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.