UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $160
MLS Listing ID 1657246
HOA Y/N No
Year Built 2023
Tax Year 2026
Lot Size 5.500 Acres
Acres 5.5
Property Sub-Type Mixed Use
Source Maine Listings
Land Area 1000
Property Description
With scenic frontage along the Sebasticook River, the property boasts peaceful water views and a serene setting ideal for a private residence, vacation getaway, or investment project. The land is buildable, giving you the flexibility to bring your vision to life, whether it's a dream home or a thoughtfully planned retreat. With sunshine all day long you can offset your electric bills by keeping the lights off longer or adding solar!
Adding immediate value is a 20x50 building that hosts 11 existing storage units, plus two 8x20 conex boxes providing steady income potential right from day one. Whether you choose to expand this business or maintain it as a supplemental revenue stream, the groundwork is already in place.
The property is equipped with electricity, making future development more accessible. While there is currently no well or septic system, this allows you to design and install utilities tailored to your specific plans.
With its unique combination of river frontage, open space, existing income, and development flexibility, this property truly offers endless possibilities. Whether you're an investor, entrepreneur, or someone looking to create a personal escape surrounded by nature, this is a must-see opportunity.
Don't miss your chance to own a slice of Maine's natural beauty with built-in potential.
Location
State ME
County Somerset
Zoning Residential
Direction From I-95 take exit 157 Newport. Take ME 100-S for approx 2.5 miles to left on 220-S. Go approx 1.2 miles to right on 69-W (River Rd) for approx. 1.1 miles. Property on left. Sign is up.
Rooms
Other Rooms Shed(s), Outbuilding
Interior
Heating None
Cooling None
Flooring Concrete
Exterior
Roof Type Metal
Building
Story 1
Water None
Others
Tax ID MPRD-000003-000000-000029
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1657246
Nearby School & Business