Remarks

Historic downtown building with endless possibilities located in Bangor Borough with easy access to Routes 191 and 512. This multi-unit property spans 11,096 square feet and features two 1050 sq ft 2-bedroom apartments, a 900 sq ft business space, and additional space of 4423 sq ft for a larger business, storage or future apartments and the 3673 square foot garage that comfortably fits up to 6 cars. Located in a prime downtown area for visibility, this historical building was once a livery stable and now offers gas hot water heat and public utilities. The barn requires replacement of some roof shingles. Don't miss this unique opportunity to own a piece of history and transform it into your dream business or investment property. Ideal for entrepreneurs looking for a versatile space with a rich past and unlimited potential. The current cap rate on this investment is 8.5%, indicating a strong return potential for investors.

Details

MLS#: PM-119929
Price: $460,000

Style: Apartment(s),Storage,Residential Investme,Warehouse,Retail,Restaurant,Residence,Professional Service,Office/Professional,Manufacturing,Business Service
Sq Ft: 11096.00
Year Built: 1920

County: Northampton

School District: Bangor Area