For Sale
$599,000

43 Owens StBingham, ME 04920

18-Unit Maine Property, $599K

Overview

Added:
Dec 11, 2024
Days on market:
113
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.

Property Details for 43 Owens St

Property type
Retirement homes, Mixed-use properties
Square Feet
10,000 SF
Year Built
1974
Units
18

Location Insight

City
Bingham
County
Somerset
State
Maine
Latitude
45.054597749231
Longitude
-69.878515227861
43 Owens St, Bingham, Maine

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
43 Owens St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message