Catylist ID:
#30871760
Catylist Listing ID: | 30871760 |
Property Subtypes: | Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other |
Building Status: | Proposed |
Building Size (RSF): | 10,500 SF |
Gross Land Area: | 0.14 Acres |
Sale Price: | $249,000 |
Unit Price: | $23.71 PSF |
In Opportunity Zone? | Yes |
Property Use Type: | Investment, Vacant/Owner-User |
Building Name: | Opera House/Elks Lodge |
Sale Terms: | Undisclosed |
Cap Rate: | Undisclosed |
Last Updated: | 9/3/2024 |
Overview / Comments
10,500± SF historic three-story brick building on .14± acres located on the corner of River and Exchange Street. Formerly known as the Opera House/Elks Lodge. Significant investment with new developments planned in downtown Rumford. Considerable value-add opportunity through renovating existing spaces or redevelopment. Contributing structure in a historic district. Close proximity to Sunday River and Bethel. |
Attachments & Media
Additional Details
Nearest MSA: | Augusta-Waterville |
County: | Oxford |
Submarket/Township: | ME-Other |
Submarket Type: | Historic District |
Tax ID/APN: | 17270_117-260 |
Zoning: | COMMERCIAL |
Retail Clientele: | General, Family, Business, Traveler, Tourist |
Property Located Between: | River and Exchange Street |
Property Visibility: | Excellent |
Largest Nearby Street: | Hartford Street |
Feet of Frontage: | 50 |
Highway Access: | US Route 2 |
Airports: | Auburn-Lewiston Airport |
Area Description: | Located in the heart of downtown Rumford along the Androscoggin River |
Tenancy: | Single Tenant |
Total Number of Buildings: | 1 |
Number of Stories: | 3 |
Property Condition: | Average |
Year Built: | 1900 |
Roof Type: | Flat |
Construction/Siding: | Brick |
Exterior Description: | Brick Masonry |
Parking Type: | Surface |
Parking Description: | Street parking |
Zoning Description: | Commercial |
Lot Frontage: | 50 |
Lot Depth: | 72 |
Water Service: | Municipal |
Sewer Type: | Municipal |
Demographic Statistics
Proximity: | 1 mile | 3 miles | 5 miles |
---|---|---|---|
Total Population: | 2,866 | 6,526 | 8,711 |
Median Age: | 39.78 | 43.98 | 44.8 |
Households: | 1,358 | 2,979 | 3,911 |
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