Newport ME Commercial for Sale
$385,000
5 Water Street Newport, ME 04953
- Type:
- General Commercial
- Sq.Ft.:
- 8,832
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 1582854
View additional info
Courtesy: CENTURY 21 Queen City Real Estate
207-942-4618
ADDITIONAL INFORMATION
This opportunity does not come often. Add this building to your portfolio or great for the beginning of an investment. This owner has put life back into this property and it has been reformed over the years and the character is endless. What a nice addition to the town of Newport. This building has 3 floors and filled with business and residential. In this 9000 sq foot building we have a Specialty store, a dance studio, 2 large residential apartments and several small professionals providing their own services. It also has a few areas that can become more rental opportunities. In 2009 a new metal roof was put on and in 2017 the second and third floors were provided with their own Rinnia heaters and bathrooms have been updated. All the tenants are requesting to stay so the income will keep coming and the potential for more is evident. Look to your backyard to sit by the Sebasticook River that runs by, Sitting in the heart of Newport the amenities are endless.
$299,900
5 Park Avenue Newport, ME 04953
- Type:
- Mixed Use
- Sq.Ft.:
- 1,920
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- 1576529
View additional info
Courtesy: Realty of Maine
207-942-6310
ADDITIONAL INFORMATION
Your chance to own your own beauty shop, turn key business with extra equipment. Also includes 2 apartments, 1 has 3 bedrooms, 1 bath and the other is a 2 bedroom, 1 bath. Good rental history. Also has a 2 car heated garage, Paved drive. Located right in town. Please see MLS 1576523 for mulitunit listing,
Newport Real Estate
The median home value in Newport, ME is $131,250. This is lower than the county median home value of $150,900. The national median home value is $219,700. The average price of homes sold in Newport, ME is $131,250. Approximately 66.37% of Newport homes are owned, compared to 21.9% rented, while 11.73% are vacant. Newport real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newport real estate agent to arrange a tour today!
Newport, Maine has a population of 3,249. Newport is more family-centric than the surrounding county with 29.2% of the households containing married families with children. The county average for households married with children is 25.3%.
The median household income in Newport, Maine is $46,161. The median household income for the surrounding county is $47,886 compared to the national median of $57,652. The median age of people living in Newport is 45.4 years.
Newport Weather
The average high temperature in July is 79.3 degrees, with an average low temperature in January of 1.3 degrees. The average rainfall is approximately 44.3 inches per year, with 70.1 inches of snow per year.