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Listed by Laurie Marcello Maine Real Estate Experts
$175,000
Est. payment /mo
3,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $50
MLS Listing ID 1681287
HOA Y/N No
Year Built 1920
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Mixed Use
Source Maine Listings
Land Area 3500
Property Description
Rare opportunity to own a vibrant commercial business on a busy road. Welcome to 18 Water St in Guilford Maine, a 3500 sf mixed use building with a open commercial space on the 1st floor and a residence above, in a premier location. The square footage and layout would allow someone to convert this structure into up to 6 units, 3 on each floor. The 2nd floor offers a 3+ bedroom 1 bathroom residence that can be used a residence, an office or rental unit(s) for an optimal income stream. With multiple living rooms, depending on how the space is utilized it can be greater than 3 bedrooms. The 1st floor commercial space is truly a blank canvas, adaptable for any business idea. It has a half bath and is otherwise a gutted space with some industrial kitchen equipment from its past life. This space has been used as a residence for the past 6 years. Thoughtfully updated throughout. New R-19 insulation to be installed in the commercial space prior to closing. Whether you want to convert this structure into multiple rental units to create a comfortable cash flow, or own a business on one floor while living above it, or if you just want a large affordable home in a quaint town, take the first step and set up a showing today.
Location
State ME
County Piscataquis
Zoning Commercial
Rooms
Other Rooms Shed(s)
Basement Crawl Space, Slab
Interior
Heating Gas Bottled, Forced Air
Cooling None
Flooring Carpet, Tile
Exterior
Parking Features 5 - 10 Spaces, Paved
Roof Type Metal
Accessibility 32 - 36 Inch Doors, Level Entry
Building
Lot Description Business District
Story 2
Foundation Pillar/Post/Pier
Water Public
Others
Tax ID GUID-000016-000000-000009
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Nearby School & Business