Click Photos For Larger version

These view shows the adjacent buildings, and the structure's location on Market Square.

• Two Storefronts
• Three Apartments
• Convenient Parking
• Freight Entrance
• Great Location
• Six Zone baseboard heat
• Well Maintained
• Fully Occupied

This building has two commercial first floor tenants, and three second floor tenants.  The building includes a modern (expensive) lighted sign, which may be faced with any name the new owner might or their tenant might like.

The entire first floor was at one time one large store, and it could be opened into a single larger space easily.

The building has central air conditioning for both ground floor rentals, and two window air conditioners in the second floor front apartments.

Over $25,000 was spent a year and a half ago remodeling two of the second floor apartments to include new bathrooms and kitchens. The third apartment was completely painted, and had new carpet and a new shower installed a year ago.

The roof of the building was done about 10 years ago by Donald Kelley and Sons.  Heating system is forced hot water. A six zone system with a Boiler Mate for hot water was added a year and a half ago. 

Electrical is separated by unit, although the owner pays the lights for the second floor apartments.   We have great tenants who never cause a disturbance for the owner.

The building has a full, dry basement with back entrance for freight. The basement area has very high ceilings, with some shelving, and is an excellent storage area.

The third and fourth floors of the building could be opened up and used again.  There is beautiful wainscoting, and it could be great for apartments or even a restaurant.

At one time there was an elevator, and in the town of Houlton's grant writer is investigating the possibility that federal or state downtown redevelopment funds might be available to put a new elevator in.   There is ample customer parking in front, and a large parking lot next door. 

Now Just  $169,990

Owner financing is available.

(The present owner is the owner of Maher Real Estate, and will finance if necessary. This could eliminate the cost of points, appraisal, etc. required with traditional financing from a bank. ) 

 

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