Mixed-Use Property in Downtown
128 Middle Street Farmington, ME 04938
128 Middle Street, Farmington, ME, 04938
$485,000
For Sale
$485,000
MULTI_FAMILY - Other - Farmington, ME
Property Size3,698 SF
Lot Size0.27 Acres
Price / SF$131.15
Days on Market59
Property Features for 128 Middle Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Village
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- Off Street, On Street
- Pets allowed
- No
- Interior features
- Walk-in Closets, Bathtub, Shower, Storage
- Basement
- Crawl Space, Unfinished, Partial, Full
- Standard status
- Active
- Size
- 3,698 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5019
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Hot Water(Heating), Propane (Heating)
- Cooling system
- Wall Unit(s)
- Water source
- Public
- Water front features
- Stream, Lake
- Water front
- 1
Building Details
- Year built
- 1884
- Number of units
- 2
- Flooring type
- Wood, Vinyl, Carpet
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Metal
- Architectural style
- Other
- Additional Structures
- Storage
Listing Agency
Palmer Realty Group
(207) 778-4444
380 Wilton Road, Farmington, ME
Listed by
Andrew Hufnagel
(207) 491-7299
Added: May 20 Checked: Jul 17 at 7:06 am
MLS# 1657464
Listing URL
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Investment Insights
Based on property information with market context.
Located in the heart of Farmington's downtown village district, this meticulously maintained mixed-use property offers a strong rental history. The first floor has been occupied by a physical therapy practice since 1991, featuring a large reception and waiting area with a bathroom, five exam rooms, a physical therapy space with natural light and hardwood floors, a lab space, an administrative office, a therapist office with docking stations, and an additional full bathroom with laundry. Parking is ample, with a paved private driveway leading to a large, paved parking lot, supplemented by on-street parking. The second floor comprises a spacious, four-bedroom, one-bath unit with on-site laundry and an open-concept living, dining, and kitchen area. The property is within walking distance of the Downtown Business District, local and state educational facilities, public trail systems, parks, and the community center. The property generates over $34,000 annually in net proceeds, with an increase projected for 2026. This property, with a total size of 3698 square feet and situated on a 0.27-acre lot, can be an owner-occupied, multi-use building with a commercial tenant on the first floor. Currently, there are tenants on the second floor and a medical practice on the first floor. The property could be converted back into a full residential home after the current leases expire.
Key Highlights
- Mixed‑use building built in 1884, with public water and public sewer and a metal roof
- First floor has operated as a physical therapy practice since 1991 with 5 exam rooms and multiple treatment and support areas
- First‑floor layout includes a large reception/waiting area, lab space, administrative office, therapist office with docking stations, and an additional full bathroom with laundry
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Meticulously maintained mixed-use property with strong rental history.
Where is this mixed-use property located?
The property is located at 128 Middle Street Farmington, ME.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Mixed‑use building built in 1884, with public water and public sewer and a metal roof; First floor has operated as a physical therapy practice since 1991 with 5 exam rooms and multiple treatment and support areas; First‑floor layout includes a large reception/waiting area, lab space, administrative office, therapist office with docking stations, and an additional full bathroom with laundry