Mixed-Use Commercial
58 Main Street Oakland, ME 04963
For Sale
$439,900
First-floor includes four commercial spaces; second and third floors offer two residential units with separate laundry hookups.
Days on Market784
Property Features for 58 Main Street
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1890
Listing Agency:
Surette Real Estate
(207) 649-6893
Listed By:
Jeffrey Jolicoeur
(207) 649-6893
Source:
Startpoint
Added: Jun 6, 2024
Changed: Jul 28
Last Checked: Jul 29 at 12:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Surette Real Estate
Investment Insights
Based on property information with market context.
Located at 58 Main Street in Oakland, ME, this mixed-use commercial building combines income-producing residential units with four commercial spaces on the first floor. The residential component includes two separate units: one with 4 bedrooms and 2 bathrooms, and another with 2 bedrooms and 1 bathroom. Each unit has its own laundry hookups.
The property is described as highly visible, with a reported 4,800 daily traffic count.
Recent building improvements include new boilers installed in 2019 and new heat pumps for the residential units in 2023, along with additional electrical and cosmetic updates completed over the past three years. The offering is presented as having an 8.5% cap rate, based on reported Modified Gross Income of $59,280 and $22,659 in expenses.
The property is described as highly visible, with a reported 4,800 daily traffic count.
Recent building improvements include new boilers installed in 2019 and new heat pumps for the residential units in 2023, along with additional electrical and cosmetic updates completed over the past three years. The offering is presented as having an 8.5% cap rate, based on reported Modified Gross Income of $59,280 and $22,659 in expenses.
Key Highlights
- Commercial building with residential income: first floor has 4 commercial spaces; 2nd and 3rd floors include 2 residential units
- High‑visibility frontage with 4,800 daily traffic count
- Residential layout includes one 4BR/2BA unit and one 2BR/1BA unit, each with its own laundry hookup
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - First-floor includes four commercial spaces; second and third floors offer two residential units with separate laundry hookups.
Where is this duplex located?
The property is located at 58 Main Street Oakland, ME.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Commercial building with residential income: first floor has 4 commercial spaces; 2nd and 3rd floors include 2 residential units; High‑visibility frontage with 4,800 daily traffic count; Residential layout includes one 4BR/2BA unit and one 2BR/1BA unit, each with its own laundry hookup
