36 Main st - Multi-Family FOR SALE


Stonington, ME 04681
$1,050,000 USD
347-693-3114
36 Main st, Stonington, ME for Sale
$1,050,000 USD
Multi-Family - FOR SALE
1/21
null | 6.5% Cap Rate

36 Main st
Stonington, ME 04681


HIGHLIGHTS

  • Its prime Main Street location puts shops, restaurants, the working waterfront, and local attractions just steps away.
  • The property features a versatile mixed-use layout with both residential and commercial space, providing excellent flexibility and income potential.
  • Located in the heart of downtown Stonington, offering beautiful harbor and Gulf of Maine views.

OVERVIEW

Exceptional investment opportunity in the heart of Stonington Village. This mixed-use building offers a prime Main Street location with scenic harbor and water views. The property includes five residential units ranging from one- to three-bedrooms and one commercial space taking up the entire first floor of the property. It was previously a full service restaurant. Many units feature water views, with shared access to a second-floor deck overlooking the water. Additional highlights include on-street and off-street parking, green space, and strong income potential. A versatile property with both residential and commercial possibilities.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$131 USD /SF

# OF UNITS

6

PRICE/UNIT

$175,000

CAP RATE

6.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

STGT-000008A-000000-000014

ASK ABOUT THIS PROPERTY

Jason MooreMoore RealtyMore Info
347-693-3114

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Jason MooreMoore RealtyMore Info
347-693-3114

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