18 Water St, Guilford, ME 04443

$175,000
3,500
SqFt

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Listing courtesy of Maine Real Estate Experts.

List Price
$175,000
MLS#
1681287
Status
ACTIVE
Type
Commercial
City
Guilford
County
Piscataquis
Living Area
3,500
Lot Size
5,227
Year Built
1920

Property Description

If your rent is 1500 a month or more, it's cheaper to own this property than rent! Or this presents a rare opportunity to own a vibrant commercial business on a busy road. Welcome to 18 Water St in Guilford Maine, a 3500 sf mixed use building with a open commercial space on the 1st floor and a residence above, in a premier location. The square footage and layout would allow someone to convert this structure into up to 6 units, 3 on each floor. The 2nd floor offers a 3+ bedroom 1 bathroom residence that can be used a residence, an office or rental unit(s) for an optimal income stream. With multiple living rooms, depending on how the space is utilized it can be greater than 3 bedrooms. The 1st floor commercial space is truly a blank canvas, adaptable for any business idea. It has a half bath and is otherwise a gutted space with some industrial kitchen equipment from its past life. This space has been used as a residence for the past 6 years. Thoughtfully updated throughout. New R-19 insulation to be installed in the commercial space prior to closing. Whether you want to convert this structure into multiple rental units to create a comfortable cash flow, or own a business on one floor while living above it, or if you just want a large affordable home in a quaint town, take the first step and set up a showing today.

Additional Information

Living Area
3,500
Electric
Circuit Breakers
Water
Public
Basement
Crawl Space, Slab
Cooling
None
Year Built
1920
Acres
0.12
Roof
Metal
Foundation
Pillar/Post/Pier
Stories
2
Courtesy Of Listing Office
Maine Real Estate Experts

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