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    59-61 Main St St Houlton, ME 04730
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    59-61 Main St St, Houlton, ME 04730

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    • Mixed-use properties
    • 9,744 SF
    • 0.10 lot acres
    Off-Market

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    Cap Rate Potential
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    Current Use by Public Records

    • Mixed-use properties

    Property Details for 59-61 Main St St

    Year built
    1912
    Lot size
    0.10 lot acres
    Property type
    Mixed-use properties

    Description

    This exceptional 9,744 square foot mixed-use building, located at 59-61 Main Street in Houlton, Maine, presents a unique investment opportunity. The property sits on a 0.1-acre lot and boasts a rich history, offering significant potential for a variety of uses. The building previously housed a restaurant, complete with a fully equipped commercial kitchen and bar. Ample space exists for expansion of the dining area, increasing seating capacity. Three additional vendor spaces are available, ideal for leasing to complementary businesses or for creative repurposing to suit a single operator's vision. The second floor provides substantial space, readily adaptable into apartment units, offering additional income streams. Two conveniently located hallway bathrooms serve both the ground floor and upper level. The Main Street frontage features three large display windows, providing excellent visibility and attracting foot traffic. Priced at $250,000, this property offers a compelling blend of historical charm and modern adaptability, making it an attractive proposition for both seasoned investors and entrepreneurial visionaries. The building's versatile layout and prime downtown location position it for success in a variety of commercial and residential configurations. Don't miss this chance to acquire a piece of Houlton's history and shape its future.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Houlton
    County
    Aroostook
    State
    Maine
    Longitude
    -67.8389
    Latitude
    46.1255
    More about this property
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