14 School St - Storefront Retail/Office FOR SALE


Gorham, ME 04038
$1,180,000 USD
207-595-0427
14 School St, Gorham, ME for Sale
$1,180,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | 6.12% Cap Rate

14 School St
Gorham, ME 04038


HIGHLIGHTS

  • Steps to USM and Main St
  • High visibility and traffic
  • Primarily Long term tenants

OVERVIEW

Exceptional investment opportunity in the heart of Gorham! Located at 14 School Street, this historic mixed-use building features three income-producing units, including two residential apartments and one commercial space, with mostly long-term tenants already in place. Situated within the desirable GVC (Gorham Village Center) zoning district, this property offers both immediate cash flow and future potential. Positioned just steps from the University of Southern Maine campus, local restaurants, shops, and village amenities, tenants enjoy the convenience of a highly walkable location. The property also offers valuable off-street parking, a sought-after feature in the village area. Whether you're looking to expand your investment portfolio, owner-occupy one of the spaces, or capitalize on the flexibility offered by mixed-use zoning, this well-maintained historic property presents a rare opportunity in one of Southern Maine's most desirable communities.

FOR SALE DETAILS

PRICE

$1,180,000 USD

PRICE/SF

$448 USD /SF

CAP RATE

6.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

GVC

APN/PARCEL ID

GRHM-000102-000069

ASK ABOUT THIS PROPERTY

Ashley FearonA Team RealtyMore Info
207-595-0427

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Ashley FearonA Team RealtyMore Info
207-595-0427

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.