705 Maine Avenue Farmingdale, ME

$749,000
Square Footage 1,900
Acres 5.00
Photo of 705 Maine Avenue Farmingdale ME 04344




Description

A rare gem in the heart of Farmingdale! This 5 acre site offers over 300 feet of frontage on busy Route 201/27, the retail hub of the town. The rear of the property abuts the Kennebec River Rail Trail and offers seasonal views of the river. Currently there are three existing buildings: Building # 1 is a two-story home with 3 bedrooms and 1 bath. Building # 2 consists of a 1 bedroom, 1 bath apartment with a one-car garage. Building # 3 is a small storage shed. Neighboring properties include a Dunkin Donuts and Another Man's Treasure. This property is ideal for redevelopment with possibilities of renovating the existing buildings, converting to a self-storage facility, residential apartments, and more subject to town of approval.


Listed by Keller Williams Realty, Dennis Wheelock 207-879-9800

Details

MLS 1593599
Status Active
Price $749,000
DOM 179 days
Type Commercial
Square Feet 1,900 sqft
Lot Size 5.00 acres
Taxes Paid $2,997

Lot & Building Features

Tax Year 2024
Taxes Paid $2,997

Map

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Financing

$
20%
0.40013351134846%
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.


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