Commercial for Sale: 7-11 Lorette Lane, Augusta, ME 04330

$299,000
$299,000
7-11 Lorette Lane, Augusta, ME 04330
$299,000
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Price:
$299,000
$50,000 - 08/05/2024

Type Commercial
Square Feet 8,104 sqft
Lot Size 1.24 acres
Year Built 1900
Taxes Paid $5,867

City Augusta
County Kennebec

MLS 1593613
Status Active
DOM 107 days
Augusta- Incredible opportunity to own a versatile property offering both residential and commercial possibilities within its own secluded space! This beautiful property features a two-story commercial office building, perfect for a variety of uses and easily adaptable for multiple businesses with its front, side, and rear entrances. The downstairs is a blank slate ready for it's new owners finishing touches. Tons of parking! The residential component includes a 4-5 bedroom, 2-bath home with a detached 2-car garage and a spacious backyard, ideal for relaxation and family gatherings, though it does require rehab prior to occupancy. Additionally, there's a large storage/workshop space with high ceilings, divided into separate sections, one of which is occupied by a long-term tenant. This property is perfect for an entrepreneur looking for a unique live-work setup or an investor seeking diverse income streams. Must be a cash or strong conventional purchase. Seller will consider owning financing.

Room Features

Basement Description Full

Lot & Building Features

Cooling Heat Pump
Tax Year 2023
Taxes Paid $5,867

Price History of 7-11 Lorette Lane

Date Name Price Difference
08/05/2024 Price Adjustment $299,000 14.33%
07/01/2024 Price Adjustment $349,000 12.53%
06/17/2024 Listing Price $399,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 7-11 Lorette Lane, Augusta, ME

Location Map Street View
Photo of Kevin Erikson
Direct: 603-321-9569
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Brookewood Realty, Eric Swails 207-620-8212
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1.9625384615385%
6.75%
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7-11 Lorette Lane (MLS #1593613) is a commercial listing located in Augusta, ME. This commercial listing is 8,104 sqft and on a lot of 54,014 sqft (or 1.24 acres) and is 124 years old. This property was listed on 06/17/2024 and has been priced for sale at $299,000.

Nearby zip codes are 04344, 04346, 04347, 04351 and 04989. This property neighbors other cities such as Chelsea, Farmingdale, Hallowell, Manchester and Sidney.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Brookewood Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.