48 Water Street Skowhegan, ME
$499,900
Square Footage 16,020
Acres 0.19
Description
WELCOME TO HISTORIC DOWNTOWN SKOWHEGAN, MAINE! This is the J Palmer Merrill Building located at 48 Water Street. Invest in small town USA! This 15,000+ square foot 1908 colonial revival brick building is one of the crown jewels in all of Skowhegan. Set along the Kennebec river among cafes, shops, parks and other historic buildings, this bustling building is right in the heart of the pedestrian friendly and charming downtown area. Currently it houses a popular multi-room antiques market and gift shop. Building has three levels of spaces, a public elevator, great road frontage with plenty or public AND private parking. Head down to the codes office as there is potential to talk to the town to convert the second floor into sought after residential space. Bring your vision to Skowhegan for an outfitters, or restaurant, craft brewery, or the Maine small town destination experience of your choosing! Skowhegan, a nationally designated historic ''Main Street'' community, is a diverse four season destination known for it's outdoor activities, innovative local business support, beautiful river front area, Maine foods, and vibrant cultural scene. Whether you are an investor or want to build something new, this spectacular building in Skowhegan is the place to start. GRAB THIS NOW BEFORE THE SPINNING MILL REVITALIZATION IS COMPLETE!
Listed by Keller Williams Coastal and Lakes & Mountains Realty, Troy Williams & Jeremy Frantz 207-475-0999
Details
MLS 1564078
Status Active Under Contract
Price $499,900
DOM 529 days
Type Commercial
Square Feet 16,020 sqft
Lot Size 0.19 acres
Year Built 1907
Taxes Paid $2,926
Lot & Building Features
Cooling None
Tax Year 2022
Taxes Paid $2,926
Room Details
Basement Description Finished, Full
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Financing
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6.75%
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per month
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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.