If you’re in the market for a unique investment property, then look no further than this zoned village mixed-use commercial and residential property located near Main Street in Milbridge, Maine. With a store front already leased and two apartments above, this property offers a variety of opportunities for potential buyers.
One of the most notable features of this property is the stunning water views from the apartments. Imagine waking up to the serene sights and sounds of the nearby ocean every morning. It’s a peaceful and relaxing way to start your day, and it’s just one of the many perks of owning this investment property.
Another great advantage of this property is its versatility. You could choose to live in one of the apartments and start your own business on the first level, creating a perfect live-work scenario. Alternatively, you could rent out the apartments for passive income, or even list them on popular vacation rental platforms like Airbnb for even more income potential.
The property’s current layout already lends itself well to generating income. With a store front already leased, you’ll have immediate cash flow. And with two apartments above, you’ll have additional revenue streams to help cover the property’s expenses and generate profits.
But the potential for this property goes beyond what’s already in place. With the right vision and some investment, you could transform this property into something truly special. You could renovate the apartments to increase their value and appeal to renters or vacationers. You could update the store front to make it more attractive to potential tenants. Or you could even pursue a new business venture altogether, taking advantage of the property’s prime location.
Overall, this Maine investment property for sale is an excellent opportunity for anyone looking to generate passive income and potentially start a new business venture. With its prime location, stunning water views, and versatile layout, there are endless possibilities for what you could do with this property. So why not come and check it out for yourself? You just might find your next great investment opportunity.
4 Water Street, Milbridge, ME 04607