Historic Mixed-Use Investment
For Sale
Contact for pricing
25 Hartford St, Rumford, ME 04276
Mixed-use building with retail and apartments in Rumford, Maine.
Property Size26,572 SF
Price / SF$47.98
Days on Market152
Property Features for 25 Hartford St
General Information
Standard status
Active
Size
26,572 SF
Class
C
Property subtype
Multifamily
Zoning
Commercial
Occupancy
90%
Investment Type
Value Add
Net Operating Income
$118,000
Building Details
Year Built
1906
Buildings
1
Stories
4
Units
38
Listing Agency:
F.O. Bailey Real Estate
(207) 409-8339
Listed By:
Thomas Gadbois · License #ME BA918504
Source:
Crexi
Added: Mar 13
Changed: Aug 8
Last Checked: Aug 8 at 10:52AM
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 F.O. Bailey Real Estate
Investment Insights
Based on property information with market context.
This 26,572 square foot mixed-use building, known as the "Hotel Harris," was built in 1906. The property features two commercial retail units, currently occupied by a restaurant and a beauty salon, along with 36 apartments. The residential units consist of 22 one-bedroom apartments and 14 studio apartments. The property is located in western Maine, offering proximity to Black Mountain, Sunday River, and Saddleback, and is an hour and a half from Portland. This historic property presents an opportunity for increased revenue through rent adjustments.
Key Highlights
- Historic "Hotel Harris" built in 1906, offering 26,572 +/- SF of mixed‑use space.
- Features 36 apartments (22 one‑bedroom, 14 studio) with potential for increased rental income.
- Includes two commercial retail units, currently a restaurant and beauty salon.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Explore this area
Business Placement
Demographics for 04276, ME
5,858
Population
3,584
Households
1.6
Avg Household Size
48
Median Age
19%
College-Educated
90%
High-School Grad
68.6 sq mi
ZIP Area
85
Density / Sq Mi
$39,522
Median Household Income
$31,654
Median Earnings
$638
Median Rent
$119,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with retail and apartments in Rumford, Maine.
Where is this mixed-use property located?
The property is located at 25 Hartford St Rumford, ME.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Historic "Hotel Harris" built in 1906, offering 26,572 +/- SF of mixed‑use space.; Features 36 apartments (22 one‑bedroom, 14 studio) with potential for increased rental income.; Includes two commercial retail units, currently a restaurant and beauty salon.
