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11 North Main Street - PROPERTY BEING SOLD IN AS IS CONDITION. INSPECTIONS ALLOWED BUT NOTHING WILL BE NEGOTIATED. NEEDS WORK.Handsome historic property with commanding presence on Main St., Potential for OVER 20% CAPITALIZATION RATE when fully occupied. The main building faces out on Marin St., which includes a 1st floor commercial space, with office & a large 3 bedroom apt. above. Owner occupied so there is no rental history but the proposed rents are more than realistic. Units have separate meters & entrances. Flanked by a large municipal lot some of which could be leased for commercial purposes. The commercial unit has large, open spaces easy to outfit for any number of uses. Has a wonderful private courtyard behind, which could be suitable for outdoor dining. The back of the property has a 3 car garage & 2nd level space which is need of total renovation. Allowable uses are: BEAUTY PARLOR, CONVENIENCE STORE, FAST FOOD, GIFT SHOP, GROCERY STORE, OFFICE, RETAIL & RESTAURANT.

Listing information

  • MLS® ID: 530181
  • Status: Active
  • Foreclosure: No
  • Estimated Annual Taxes: $3,635
  • Style: Commercial
  • Stories: 0
  • Total Square Footage: 6,330 ($12.48 per sq. foot)
  • County: Northampton
  • Year Built: 1890
  • New Construction: No
  • Lot Area: 0.13
  • School District: Bangor

Features

Area Bangor
Construction Frame
Cooling None, Wall Ac
Location Free Standing
Parking On Site
Potential Use Apartments, Beauty Parlor, Convenience Store, Fast Food, Gift Shop, Grocery Store, Office, Restaurant, Retail
Property Category Commercial
Road City Road
Sewer Public
Special Sale Conditions Not Applicable
Surface Type Black Top
Water Public
Listing Courtesy of Coldwell Banker Hearthside