For Sale
$197,900

60 Mill St Corinna, ME 04928

Historic Mill Building, Riverfront Potential

Overview

Added:
Feb 3
Days on market:
80
This unique 3,040 square foot commercial property located at 60 Mill Street, Corinna, ME, presents a rare investment opportunity. Currently utilized as a storage facility for boats and equipment, this brick mill-style building sits on a one-acre lot with deeded rights to a unique waterfront location on the Eastern Branch of the Sebasticook Stream. The property's history includes electricity generation, offering significant potential for future development. While the building requires substantial updating and may necessitate obtaining necessary permits, the inherent value lies in its prime location and historical significance. The potential for power generation, a growing sector, makes this a particularly attractive proposition for forward-thinking investors. The property's condition necessitates significant renovations, but the potential rewards are substantial. Further investigation into available grants for building rehabilitation is encouraged. This is a once-in-a-lifetime chance to acquire a remarkable asset with significant upside potential, ideal for adding to an existing investment portfolio or for a visionary entrepreneur seeking a unique project. The property's riverfront location and historical context offer a compelling combination for a variety of commercial uses. Serious inquiries only.

Property Details for 60 Mill St

Property type
Commercial real estate
Square Feet
3,040 SF
Year Built
1900
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Corinna
County
Penobscot
State
Maine
Latitude
44.91599
Longitude
-69.25947

FAQs

What type of property is this?
Commercial real estate - Historic Mill Building, Riverfront Potential
Where is the commercial real estate located?
The property is located at 60 Mill St Corinna, ME.
What is the asking price?
The asking price for this property is $197,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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60 Mill St
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