5 Elm St Milo, ME 04463
- Commercial real estate
- 3,360 SF
- 0.06 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5 Elm St
- Year built
- 1900
- Lot size
- 0.06 lot acres
- Property size
- 3,360 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 5 Elm Street in Milo, Maine, presents a unique investment opportunity. Boasting a prominent corner lot, the building offers unparalleled street exposure, ideal for attracting customers. The 3,360 square foot building features two ground-floor retail units, perfectly suited for a variety of businesses. Large display windows along the street ensure maximum visibility and draw attention to your merchandise. Adding to the income potential, a spacious two-bedroom apartment occupies the second floor, providing additional rental income streams. The 0.06-acre lot provides ample space for customer parking and potential future expansion. This property is perfectly positioned for an investor seeking a blend of retail and residential income. The building's versatile layout and prime location make it an attractive option for entrepreneurs and investors alike. The existing infrastructure provides a solid foundation for immediate occupancy and potential for significant return on investment. This is a rare opportunity to acquire a well-situated commercial property in a thriving Maine community. Don't miss out on this chance to own a piece of Milo's vibrant business landscape. Contact us today to schedule a viewing and explore the possibilities.
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
- Milo
- County
- Piscataquis
- State
- Maine
- Longitude
- -68.98633
- Latitude
- 45.25201