Three-Unit Mixed-Use
For Sale
$219,000
6 Park St, Cherryfield, ME 04622
Ground-floor commercial space accompanies two apartments, including a residence spanning the upper two floors.
Property Size2,320 SF
Lot Size0.04 Acres
Price / SF$94.40
Days on Market10
Property Features for 6 Park St
General Information
Standard status
Active
Size
2,320 SF
Lot size
0.04 Acres
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
The building does need some maintenance and updates
Units
Unit Mix
1 x 2BR, 1 x 3BR/2BA
Multifamily Units
2
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Annual Taxes
$2,717
Building Details
Buildings
1
Stories
3
Listing Agency:
Realty of Maine
(207) 667-2300
Listed By:
Heather Knapp
(207) 557-7371
Source:
Exprealty
Added: Oct 16
Changed: Oct 23
Last Checked: Oct 24 at 9:01PM
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 Realty of Maine
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Investment Insights
Based on property information with market context.
This 2,320-square-foot building contains three distinct units. At street level, a commercial space with a half bath is paired with a separate two-bedroom apartment. A three-bedroom, two-bathroom apartment occupies the second and third floors, with views of the Narraguagus River.
The property sits on a 0.04-acre lot in Cherryfield. Maintenance and updating are needed.
The property sits on a 0.04-acre lot in Cherryfield. Maintenance and updating are needed.
Key Highlights
- Three units in a 2,320‑square‑foot building
- Ground‑floor commercial storefront with a half bath
- Separate first‑floor two‑bedroom apartment
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
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Business Placement
Demographics for 04622, ME
1,310
Population
1,185
Households
1.1
Avg Household Size
51
Median Age
21%
College-Educated
85%
High-School Grad
318.9 sq mi
ZIP Area
4
Density / Sq Mi
$43,000
Median Household Income
$32,633
Median Earnings
$398
Median Rent
$153,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space accompanies two apartments, including a residence spanning the upper two floors.
Where is this mixed-use property located?
The property is located at 6 Park St Cherryfield, ME.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Three units in a 2,320‑square‑foot building; Ground‑floor commercial storefront with a half bath; Separate first‑floor two‑bedroom apartment
