128 Middle Street Farmington, ME

$485,000
Square Footage 3,698
Acres 0.27
Photo of 128 Middle Street Farmington ME 04938




Description

AMAZING LOCATION IN THE HEART OF FARMINGTON'S DOWNTOWN VILLAGE DISTRICT!!! This property has been meticulously maintained by the same owners for the past 35 years and offers a strong rental history. The first floor has been home to a physical therapy practice since 1991. The space offers a large reception area and waiting area with a bathroom. There are five exam rooms, a beautiful physical therapy space with plenty of natural light and hardwood floors, a lab space, an administrative office, a therapist office with docking stations and an additional full bathroom with laundry. Parking is not an issue with the paved private driveway leading to the large, paved parking lot. On street parking is also available for patients. The second floor is a spacious, four-bedroom one bath unit with laundry on site as well. The open concept living, dining and kitchen offers ample space for entertaining family and friends. This property is within walking distance of the Downtown Business District, local and state educational facilities, public trail systems and parks and the community center is just across the street. You can't ask for a more convenient location for a property that generates over $34,000 annually in net proceeds with an increase projected for 2026. COME AND EXPLORE THE POSSIBILITIES!!!


Listed by Palmer Realty Group, Andrew Hufnagel

Details

MLS 1657459
Status Active
Price $485,000
DOM 155 days
Type Commercial
Square Feet 3,698 sqft
Lot Size 0.27 acres
Year Built 1884
Taxes Paid $5,019

Lot & Building Features

Construction Wood Frame
Cooling Wall Unit(s)
Heat Source Propane
Heating Propane, Baseboard, Hot Water
Parking Description 11 - 20 Spaces, On Site, Paved, On Street, Off Street
Tax Year 2025
Taxes Paid $5,019
Water Public

Room Details

Basement Description Crawl Space, Full, Partial, Unfinished

Map

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Financing

$
20%
1%
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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