4 Market Sq - Office FOR SALE


Houlton, ME 04730
$800,000 USD
207-744-3084
4 Market Sq, Houlton, ME for Sale
$800,000 USD
Office - FOR SALE
1/54
null | 7.41% Cap Rate

4 Market Sq
Houlton, ME 04730


HIGHLIGHTS

  • National credit tenant (Fedcap — $404.5M revenue, 110+ locations)
  • Significant capital improvements: $274K buildout (2017), new water heater (2024); prime downtown location adjacent to Aroostook County Courthouse

OVERVIEW

Stabilized mixed-use investment on the most visible corner in downtown Houlton. The property features approximately 2,657 square feet of ground-floor commercial space fully leased to Fedcap through October 2031, plus four residential units (three 2BR, one 1BR) providing diversified income. Recent capital improvements include a new water heater (2024) and updated furnace, oil tank, and sprinkler system (2017). Turnkey asset with a creditworthy anchor tenant and strong in-place cash flow in the heart of Aroostook County's county seat.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

7.41%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

HOUL-000034-000003-000049

ASK ABOUT THIS PROPERTY

207-744-3084

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207-744-3084

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