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2-UNIT RESIDENTIAL OR COMMERCIAL OFFICE BUILDING Next to Bates College Campus Why Rent when you can own? Two 4-bedroom units with solid rental history with Bates College students Zone: Office Residential District On-site, off-street parking New owner could continue to rent both units for income or this would also be an excellent owner-occupy property SALE PRICE: $245,000 FOR SALE | INVESTMENT / INCOME PROPERTY 497 MAIN STREET - LEWISTON, MAINE MALONE COMMERCIAL BROKERS 5 Moulton Street • Suite 3 Portland, ME 04101 207.772.2422 main www.malonecb.com CHERI BONAWITZ CCIM, BROKER 207.210.6638 direct 207.240.6844 cell [email protected] KAREN RICH BROKER 207.210.6637 direct 207.671.8808 cell [email protected]

FOR SALE | INVESTMENT / INCOME PROPERTY...MALONE COMMERCIAL BROKERS 5 Moulton Street • Suite 3 Portland, ME 04101 207.772.2422 main CHERI BONAWITZKAREN RICH CCIM, BROKER 207.210.6638

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Page 1: FOR SALE | INVESTMENT / INCOME PROPERTY...MALONE COMMERCIAL BROKERS 5 Moulton Street • Suite 3 Portland, ME 04101 207.772.2422 main CHERI BONAWITZKAREN RICH CCIM, BROKER 207.210.6638

2-UNIT RESIDENTIAL OR COMMERCIAL OFFICE BUILDING

Next to Bates College Campus

• Why Rent when you can own?

• Two 4-bedroom units with solid rental history with Bates

College students

• Zone: Office Residential District

• On-site, off-street parking

• New owner could continue to rent both units for income or

this would also be an excellent owner-occupy property

SALE PRICE: $245,000

FOR SALE | INVESTMENT / INCOME PROPERTY

497 MAIN STREET - LEWISTON, MAINE

MALONE COMMERCIAL BROKERS

5 Moulton Street • Suite 3

Portland, ME 04101

207.772.2422 main

www.malonecb.com

CHERI BONAWITZ

CCIM, BROKER

207.210.6638 direct

207.240.6844 cell

[email protected]

KAREN RICH

BROKER

207.210.6637 direct

207.671.8808 cell

[email protected]

Page 2: FOR SALE | INVESTMENT / INCOME PROPERTY...MALONE COMMERCIAL BROKERS 5 Moulton Street • Suite 3 Portland, ME 04101 207.772.2422 main CHERI BONAWITZKAREN RICH CCIM, BROKER 207.210.6638

PROPERTY SUMMARY

BUILDING SIZE: 4,055± SF

EXISTING USE: 2-unit multi-family (each unit has 4-bedrooms)

BUILT: 1882

STORIES: 3

CONSTRUCTION: Masonry/Wood frame

FOUNDATION: Fieldstone

BASEMENT: Full unfinished

EXTERIOR: Brick

ROOF: Slate

FLOORING: Tile, wood

HEAT/GAS: Oil/Natural

SPRINKLER: Yes

FEATURES: Deck, laundry, 1st floor pantry, patio, porch, storage, attic

PROPERTY INFORMATION 497 MAIN STREET - LEWISTON, MAINE

SALE PRICE: $245,000

This document has been prepared by Malone Commercial Brokers for advertising and general information only. Malone Commercial Brokers makes no guarantees, representations or warranties of any kind,

expressed or implied, regarding, but not limited to, warranties of content, accuracy, and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Malone

Commercial Brokers excludes unequivocally all informed or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages there from. All data is subject

to change of price, error, omissions, other conditions or withdrawal without notice. Malone Commercial Brokers is acting as the Seller’s/Lessor’s agent in the marketing of this property. 11-16.2018

LAND SIZE: 0.24± Acre

FRONTAGE: 100± feet

ZONE: Office Residential District

PARKING: Paved on-site/off street

DEED REFERENCE: Androscoggin County Registry of Deeds Book 6164 Page 58

ASSESSOR ID: Map 193, Lot 177

TOTAL ASSESSED VALUE: $193,380 (2017)

REAL ESTATE TAXES: $5,149

WATER & SEWER: Public

BUILDING SUMMARY

Page 3: FOR SALE | INVESTMENT / INCOME PROPERTY...MALONE COMMERCIAL BROKERS 5 Moulton Street • Suite 3 Portland, ME 04101 207.772.2422 main CHERI BONAWITZKAREN RICH CCIM, BROKER 207.210.6638

PHOTOS 497 MAIN STREET - LEWISTON, MAINE

Well-maintained historic Victorian home with charming period details, full basement

and porch

Page 4: FOR SALE | INVESTMENT / INCOME PROPERTY...MALONE COMMERCIAL BROKERS 5 Moulton Street • Suite 3 Portland, ME 04101 207.772.2422 main CHERI BONAWITZKAREN RICH CCIM, BROKER 207.210.6638

MALONE COMMERCIAL BROKERS | 5 MOULTON STREET, PORTLAND ME 04101 | 207.772.2422 | MALONECB.COM

PLANS - 1st Floor 497 MAIN STREET - LEWISTON, MAINE

1st Floor

Page 5: FOR SALE | INVESTMENT / INCOME PROPERTY...MALONE COMMERCIAL BROKERS 5 Moulton Street • Suite 3 Portland, ME 04101 207.772.2422 main CHERI BONAWITZKAREN RICH CCIM, BROKER 207.210.6638

MALONE COMMERCIAL BROKERS | 5 MOULTON STREET, PORTLAND ME 04101 | 207.772.2422 | MALONECB.COM

PLANS - 2nd & 3rd Floors 497 MAIN STREET - LEWISTON, MAINE

2nd Floor

3rd Floor

Page 6: FOR SALE | INVESTMENT / INCOME PROPERTY...MALONE COMMERCIAL BROKERS 5 Moulton Street • Suite 3 Portland, ME 04101 207.772.2422 main CHERI BONAWITZKAREN RICH CCIM, BROKER 207.210.6638

MALONE COMMERCIAL BROKERS

5 Moulton Street • Suite 3

Portland, ME 04101

207.772.2422 main

www.malonecb.com

CHERI BONAWITZ

CCIM, BROKER

207.210.6638 direct

207.240.6844 cell

[email protected]

KAREN RICH

BROKER

207.210.6637 direct

207.671.8808 cell

[email protected]

FOR SALE | INVESTMENT / INCOME PROPERTY

497 MAIN STREET - LEWISTON, MAINE

In addition to its close proximity to the Bates campus, the property is near Central Maine Medical Center

and St. Mary’s Regional Medical Center.

For a tour of this unique investment property, please contact Karen Rich or Cheri Bonawitz.