34 Lewiston StMechanic Falls, ME 04256
- Mixed-use properties
- 3,840 SF
Property Details for 34 Lewiston St
- Lot size
- 0.40 AC
- Property size (Sq ft)
- 3,840 SF
- Property type
- Mixed-use properties
- Property subtype
- Other specialty properties
Description
This exceptional Mechanic Falls property presents a unique investment opportunity, combining lucrative commercial and residential spaces. The 3,840 square foot building sits on a 0.4-acre lot zoned for Downtown Industrial use, offering versatility and potential for expansion. Currently operating as a thriving business, the property includes a three-bay garage perfectly suited for used car sales, along with a licensed antique business. The multi-tenant structure boasts three units, providing three residential apartments, each with two parking spaces. The building is a two-story Class C structure, offering a blend of established income and future development potential. The asking price is $450,000, translating to $117.19 per square foot. Located at 34 Lewiston St, Mechanic Falls, ME 04256, this property offers a compelling blend of established income streams and significant upside potential in a desirable location. The property's current configuration allows for immediate income generation, while the zoning and size provide flexibility for future expansion or adaptation to changing market demands. This is an owner-user opportunity, ideal for an entrepreneur seeking a blend of commercial and residential income. The property's history as a successful used car sales and antique business provides a strong foundation for continued success.
Location Insight
- City
- Mechanic Falls
- County
- Androscoggin
- State
- Maine
- Latitude
- 44.1112
- Longitude
- -70.3869
Comparable in this City
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