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Mixed-Use Property with Restaurant

8 Commercial Street, Hartland, ME 04943

For Sale
$300,000

Three leased one-bedroom apartments accompany a tenant-occupied restaurant in this income-producing property.

Property Size1,716 SF
Price / SF$174.83
Days on Market116

Property Features for 8 Commercial Street

General Information

Standard status Active
Size 1,716 SF
Property subtype Commercial
Occupancy 100%

Units

Unit Mix 3 x 1BR
Multifamily Units 3

Additional Details

Cap Rate 11%
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,444

Building Details

Building Size 1,716 SF
Listing Agency: Real Broker
Listed By: Adrian Sincyr
Source: Amerorealty
Added: Jul 17 Changed: Nov 7 Last Checked: Nov 8 at 9:38PM

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 Real Broker

Rey
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Investment Insights

Based on property information with market context.

At 8 Commercial Street in Hartland, this mixed-use property combines three one-bedroom apartments with a restaurant. All three apartments and the restaurant are leased, for a total of four occupied rental components. The property has an 11% cap rate.

Key Highlights

  • Three one‑bedroom apartments, all leased
  • Restaurant space is leased
  • All four rental components are occupied

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hometown Pizza Restaurant

Suggested Use

Top Pick Building Supply Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Hair Salon Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby

Demographics for 04943, ME

1,705
Population
1,102
Households
1.5
Avg Household Size
47
Median Age
25%
College-Educated
90%
High-School Grad
37.1 sq mi
ZIP Area
46
Density / Sq Mi
$46,638
Median Household Income
$36,549
Median Earnings
$873
Median Rent
$143,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three leased one-bedroom apartments accompany a tenant-occupied restaurant in this income-producing property.
Where is this mixed-use property located?
The property is located at 8 Commercial Street Hartland, ME.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Three one‑bedroom apartments, all leased; Restaurant space is leased; All four rental components are occupied
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Includes: Price & PSF · Cap rate · Location · Zoning

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