234 Main Street, Lovell, ME 04051

bathrooms 3
|Other
THB ฿11,392,238
USD $350,000
Published on: 17 Feb 2025
Last updated on: 06 Jun 2025
234 Main Street, Lovell, ME 04051
234 Main Street, Lovell, ME 04051
234 Main Street, Lovell, ME 04051
+8
234 Main Street, Lovell, ME 04051
  • 8
Property ID: 110097503604
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Multi-Family - Lovell, ME

234 Main Street, Lovell, ME 04051
Commercial Multi-Family Mixed-Use Property For SaleA Prime Investment OpportunityNestled in a bustling neighborhood, a unique commercial multi-family mixed-use property is now available for sale. This property presents an exceptional investment opportunity, combining commercial space with residential rentals, ensuring a steady income stream.The Commercial FloorThe first floor of this property has a rich history, having housed a successful convenience store and restaurant for many years. Although currently closed, the business can be effortlessly revived, thanks to the inclusion of all store and restaurant equipment with the sale. This turn-key opportunity means that entrepreneurs can hit the ground running without the hassle of sourcing and purchasing new equipment.The space is not limited to a convenience store and restaurant; it is also well-suited for general retail. With its prominent location and the adaptability of the space, a variety of businesses could thrive here, from boutique shops to service providers. The adaptable layout can accommodate different retail needs, making it an attractive option for potential tenants or owner-operators.The Residential FloorAbove the commercial space, the second floor comprises three fully occupied apartments, adding another layer of financial stability to the property. These well-maintained units provide comfortable living spaces, ensuring high tenant retention and demand.•Apartment 1: A spacious two-bedroom, one-bathroom unit, perfect for small families or roommates.•Apartment 2: Another well-appointed two-bedroom, one-bathroom unit, offering similar amenities and comfort.•Apartment 3: A cozy one-bedroom, one-bathroom unit, ideal for singles or couples.Investment PotentialThis property is a lucrative investment opportunity. The combination of commercial and residential spaces ensures diversified income, reducing risk and maximizing returns.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
1,537.81 m2
Building Size
315.87 m2
Year Built
1865
Rooms
3 bathroom(s)
Architecture Style
Other
Num Floors
25
County
Oxford
Provider
Maine Real Estate Information System, Inc.
Brokerage Office Name
Keller Williams Realty
Brokerage Office Phone
(207) 879-9800
Address
234 Main Street, Lovell, ME 04051

Tax History

YearTax amount
2023USD $1804THB ฿58,719*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Edward Larochelle
Keller Williams Realty
50 Sewall Street, Portland, ME 04102
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Edward Larochelle
50 Sewall Street, Portland, ME 04102
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      Property ID: 110097503604

      Original Property ID: 3yd-MREISME-1614504
      Data provided by Maine Real Estate Information System, Inc., MLS #: 1614504
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      Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.