60 River StRumford, ME 04276

Property Details for 60 River St

Year built

1900

Lot size

0.14 AC

Property size (Sq ft)

10,500 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Rumford

County

Oxford

State

Maine

Latitude

44.5449

Longitude

-70.5465

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