46 Market StPortland, ME 04101

This exceptional mixed-use property at 46 Market Street in Portland, Maine, presents a lucrative investment opportunity. The 8,228 square foot building, constructed in 1900 and extensively renovated in 2013, sits on a 0.47-acre lot and is zoned B3. The property boasts a compelling blend of commercial and residential space. The ground floor comprises two thriving businesses: a 2,100 square foot barber shop and a 2,100 square foot bistro. The upper two floors offer five luxurious studio apartments, providing a consistent stream of rental income. This unique combination of established commercial tenants and high-demand residential units creates a strong cash flow potential. The property's prime location in Portland's vibrant Market Street area ensures high visibility and accessibility. The 2013 renovation ensures the building is in excellent condition, minimizing immediate maintenance needs. This is a rare chance to acquire a well-established, high-performing mixed-use property in a desirable Maine location. The asking price is $3,600,000. This property is ideal for investors seeking a diversified portfolio with strong rental income and potential for future appreciation.