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705 + 707 Maine Avenue, Farmingdale, ME 04344

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For Sale

$425,000

2 baths • 2,042 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $208.13
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Opportunities like this are increasingly rare on Maine Avenue. Situated on 5 elevated acres overlooking the Kennebec River, this property features two buildings and exceptional flexibility for commercial, mixed-use, or residential investment. The rear structure (707 Maine Ave) is currently configured as a 1-bedroom, 1-bath apartment and can be adapted for a variety of usesâ including office space, a rental unit, or conversion into a two-car garage with workspace or commercial space above. The main building (705 Maine Ave) offers a 3-bedroom, 1-bath layout that could serve as office headquarters, staff housing, or redevelopment into a commercial or multi-unit income property. The expansive grounds include a large open yard with direct access to the Kennebec River Rail Trail, a popular walking and biking route that links Augusta to Gardinerâ an attractive amenity for employees, tenants, or customers. With high visibility, ample land, and multiple structures, this property is ideal for commercial operations, a multi-family investment, or an owner-user seeking on-site workspace with additional rental income potential. Boundary lines in aerial images are approximate. Call Tyler Gaudet at Sprague & Curtis Real Estate at 207-623-1123.
MLS# 1645878

Courtesy Of Sprague and Curtis Real Estate
75 Western Ave., Augusta, ME 04330
(207) 623-1123

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Architecture Style
    Cape Cod
  • Exterior Type
    Wood Siding
  • Floor Covering
    Wood, Vinyl, Carpet
  • Heating System
    Baseboard, Forced Air
  • Lot Size
    5 Acres
  • Rooms
    Basement

Map and Directions

Directions to 705 + 707 Maine Avenue, Farmingdale, ME 04344

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.