This exceptional 10,000 square foot mixed-use property in Bingham, Maine, presents a remarkable investment opportunity. Formerly a nursing home, the main building boasts 18 bedrooms adaptable for various uses, including offices, residential units, or classrooms. A large cafeteria, industrial kitchen, lounge, administrative offices, hair salon, and ample storage are included, along with industrial washers and dryers. The property benefits from a 2017 HWBB heating system, four heat pumps, a sprinkler system, hard-wired smoke alarms, high-speed internet, a backup generator, and two 1,000-gallon propane tanks. Two detached office buildings offer additional space. Situated on 1.31 acres with over 25 parking spaces, this turnkey property offers significant expansion potential. Located at 43 Owens St, Bingham, ME 04920, this 1974-built building is priced at $599,000, or $59.90 per square foot. The property's versatility and existing infrastructure make it ideal for a wide range of commercial ventures. The ample parking and expansive land provide room for future growth and development. This is a rare opportunity to acquire a substantial property in a desirable Maine location.
Highlights
$599,000 asking price for a 10,000 square foot mixed-use/senior living property.
18 units, offering flexibility for conversion to various commercial uses.
Located at 43 Owens St, Bingham, ME 04920, on a 1.31-acre lot with 25 parking spaces.
Features include a large cafeteria, industrial kitchen, and multiple office spaces.
Equipped with a 2017 HWBB heating system, heat pumps, sprinkler system, smoke alarms, high-speed internet, backup generator, and propane tanks.
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Sally Harvey
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43 Owens St, Bingham, Maine, 04920
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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43 Owens St
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