279 Main St Fort Fairfield, ME 04742

Property Details for 279 Main St

Year built

1999

Property size

9,833 SF

Property type

Day care centers

Property subtype

Banks

Description

This exceptional 9,833 sq ft commercial property, located at 279 Main St in Fort Fairfield, ME, presents a remarkable investment opportunity. Situated on a 13,939 sq ft lot, this vacant, single-story building, constructed in 1999, offers versatile potential for various uses, including multi-family residential, a nursing home, or retail. The property features a full basement, updated first-floor windows, a commercial heating system, and a recently replaced roof. Significant upgrades include a $40,000 drive-through addition (2018) and a $100,000 vault, both meeting bank security standards. The interior boasts high ceilings, beautiful woodwork, tile, vinyl, and wood flooring. The layout includes a wide-open ground-floor space ideal for retail, along with additional rooms suitable for apartments or offices, a kitchen, and bathrooms on all floors. Upper floors offer further office or apartment conversion potential, including a large banquet room and kitchen. The property includes the entire parking lot, and all heating, electrical, and plumbing systems are functional. Recent improvements include LED exterior wall packs. The basement, with its multiple rooms, is dry and features a solid foundation and two fuel boilers feeding baseboard heaters throughout the building. Two propane heat pump systems provide ducted heating for the first floor. City water and sewer are available. Zoned commercial, this property offers significant upside for adaptive reuse. Asking price: $149,999.