608 Atlantic Hwy
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608 Atlantic Hwy
3,900 SF Retail Building Northport, ME 04849 £625,882 (£160/SF)
Investment Highlights
- High traffic Location with Great Visability
Executive Summary
Prime Location on US Rt1 in Northport - Live & Work Opportunity!
This unique property offers an ideal combination of residential and commercial space in a high-traffic area on US Route 1, Northport.
Residential Apartment: A spacious 1,300 square foot 2-bed, 1-bath apartment provides comfortable living with potential for personal use or as a rental.
Commercial Space: 2,600 square feet of retail space perfect for your business, currently operating successfully as a retail shop. The property also has a profitable Airbnb setup, offering an additional revenue stream.
Key Features:
-High visibility location on a major route
-Established business presence
-Great income potential from Airbnb and retail
-Ideal for entrepreneurs or investors
Don't miss out on this versatile property that's perfect for living, working, and earning, all in one location!
This unique property offers an ideal combination of residential and commercial space in a high-traffic area on US Route 1, Northport.
Residential Apartment: A spacious 1,300 square foot 2-bed, 1-bath apartment provides comfortable living with potential for personal use or as a rental.
Commercial Space: 2,600 square feet of retail space perfect for your business, currently operating successfully as a retail shop. The property also has a profitable Airbnb setup, offering an additional revenue stream.
Key Features:
-High visibility location on a major route
-Established business presence
-Great income potential from Airbnb and retail
-Ideal for entrepreneurs or investors
Don't miss out on this versatile property that's perfect for living, working, and earning, all in one location!
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£46,947
|
£12.04
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£46,947
|
£12.04
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £46,947 |
| Annual Per SF | £12.04 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £46,947 |
| Annual Per SF | £12.04 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Shell & Core
Property Type
Retail
Property Subtype
Building Size
3,900 SF
Building Class
C
Year Built
1900
Price
£625,882
Price Per SF
£160
Tenancy
Single
Number of Floors
2
Building FAR
0.03
Lot Size
2.70 AC
Parking
10 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
195 ft on Atlantic Hwy
PROPERTY TAXES
| Parcel Number | NRPR-000015-000000-000021-U000000 | Improvements Assessment | £112,438 (2023) |
| Land Assessment | £48,434 (2023) | Total Assessment | £160,872 (2023) |
PROPERTY TAXES
Parcel Number
NRPR-000015-000000-000021-U000000
Land Assessment
£48,434 (2023)
Improvements Assessment
£112,438 (2023)
Total Assessment
£160,872 (2023)
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608 Atlantic Hwy
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