For Sale
$249,000

60 River StRumford, ME 04276

10,500 SF, 3-story, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 10,500 square foot, three-story brick building presents a significant value-add investment opportunity in the heart of Rumford, Maine. Located on a 0.14-acre lot at the corner of River and Exchange Streets, this historic property, formerly the Opera House/Elks Lodge, boasts a rich history and considerable potential. Built in 1900, the building is a contributing structure in a historic district and offers versatile space suitable for a variety of commercial uses, including pharmacy/drug store, restaurant, or storefront retail. Currently vacant, this Class C property allows for complete customization and redevelopment to suit a new owner's vision. The $249,000 asking price translates to $23.71 per square foot. The property's prime location offers convenient access to nearby amenities and attractions, including the popular Sunday River and Bethel areas. With new developments planned in downtown Rumford, this property is poised for significant appreciation. The permitted zoning is commercial, and the property is identified by APN Map 117, Block 260, and is owned by Anchor Island, LLC. This is a rare chance to acquire a substantial piece of Rumford's history and shape its future.

Highlights

  • 10,500 SF, three-story brick building in Rumford, ME.
  • Located on a 0.14-acre lot at River & Exchange Streets.
  • Historic building (1900), suitable for various commercial uses (pharmacy, restaurant, retail).
  • Vacant, Class C property; $249,000 asking price ($23.71/SF).
  • Prime location near Sunday River and Bethel; Commercial zoning (APN Map 117, Block 260).

Property Details for 60 River St

Property type
Retail properties, Restaurants
Square Feet
10,500 SF
Class
C
Year Built
1900
Buildings
1
Stories
3
Lot Size (sq. ft)
6,098 SF

Location Insight

City
Rumford
County
Oxford
State
Maine
Latitude
44.544932175644
Longitude
-70.546548685219
60 River St, Rumford, Maine

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60 River St
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