179 Maple Ave Farmington, ME 04938
- Commercial real estate
- 924 SF
- 0.85 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 179 Maple Ave
- Year built
- 1995
- Lot size
- 0.85 lot acres
- Property size
- 924 SF
- Property type
- Commercial real estate
Description
This exceptional 0.85-acre lot in Farmington, ME, presents a unique investment opportunity. Currently featuring a remodeled three-bedroom, one-bathroom mobile home, the property boasts a spacious backyard, a large deck, and mature trees providing ample shade. The level lot offers two entrances and a circular driveway, with an additional gravel pad already in place, suggesting potential for expansion. Public water and sewer connections are available, allowing for the possibility of accommodating up to six mobile homes. A camper electrical hook-up is also present. The property's prime location directly abuts the Farmington Fairgrounds and enjoys close proximity to the University of Maine at Farmington, making it highly attractive for various uses. The existing mobile home provides immediate income potential, while the zoning allows for the development of additional mobile homes, apartments, duplexes, or single-family homes. This versatile property offers a blend of residential and commercial possibilities, making it an ideal investment for those seeking high returns and significant development potential. The property's 924 square feet of existing living space is complemented by the expansive lot size, providing ample room for expansion and future development. A virtual tour is available online.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- Franklin
- State
- Maine
- Longitude
- -70.13953
- Latitude
- 44.66364
