For Sale
$299,000

72 Congress StRumford, ME 04276

Historic building, 11,229 SF, value-add potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This 11,229 square foot retail building presents a significant value-add opportunity for owner-users. Located at 72 Congress St, Rumford, ME 04276, this single-story, 1928-built structure boasts a charming Art Deco brick façade and sits on a 0.33-acre lot. The property is zoned commercial and is a contributing structure within a historic district. Its versatile layout is suitable for various uses, including pharmacy/drug store, restaurant, or storefront retail. The asking price is $299,000, translating to $26.63 per square foot. Situated on the corner of Congress and Exchange Streets, this property benefits from high visibility and convenient access. The location offers proximity to both Sunday River and Bethel, enhancing its appeal. The property's potential is further amplified by planned new developments in downtown Rumford, promising increased foot traffic and economic growth. The APN is Map 117, Block 279, and the ownership is held by Anchor Island, LLC. This is a rare chance to acquire a substantial commercial property in a revitalizing Maine town.

Highlights

  • $299,000 asking price for a value-add retail property.
  • 11,229 square foot, single-story building on a 0.33-acre lot.
  • Located at 72 Congress St, Rumford, ME 04276, in Oxford County.
  • Property features a historic Art Deco brick design.
  • Zoned commercial, with potential for owner-user occupancy.
  • Building is a contributing structure in a historic district.

Property Details for 72 Congress St

Property type
Retail properties, Restaurants
Square Feet
11,229 SF
Class
C
Year Built
1928
Buildings
1
Stories
1
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Rumford
County
Oxford
State
Maine
Latitude
44.544952373968
Longitude
-70.545687637836
72 Congress St, Rumford, Maine

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72 Congress St
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