10 Mills RoadNewcastle, ME 04553MLS Number 1481059

  • Price: $349,000
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Federal 30-year interest rate: 3.02% last updated on Mar 4, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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10 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 0455310 Mills Road Newcastle ME 04553
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  • 0.23Acreage
  • 1845Year Built

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Listed by Drum & Drum Real Estate Inc.
An amazing investment opportunity for the buyer looking for an in-town commercial building. The possibilities are endless! Continue with the current use as an office building with the potential for monthly rental income of approximately $3,300 when fully-occupied. Other options might include (1) 1st floor retail space with residential living upstairs. (2) conversion back into a single family residence or condominiums. Since 2006, many property improvements include spray-foam insulation in cellar, heat pumps & solar panels plus electrical service upgrades. Wonderful 2 story attached barn with garage space and ample storage; it would make a fabulous studio or workshop. Conveniently located in the center of the historic village of Newcastle with sidewalks leading to Lincoln Academy, all shops and restaurants, town marina, Skidompha library and LincolnHealth hospital system. Outdoor enthusiast will enjoy the multitude of hiking trails on conservation land all within a 5 minute drive. Boating and fishing opportunities are abundant on Damariscotta River and the 3 local lakes. Quick and easy access to Route 1. One hour to the JetPort in Portland, 30 minutes to the Farnsworth Museum in Rockland and Bowdoin College in Brunswick.

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More Info

Location Information

  • Building Number10
  • StreetMills Road

Building

  • BasementBulkhead, Full, Sump Pump, Unfinished
  • Stories2
  • Total Units6
  • Year Built1845
  • FoundationGranite, Stone
  • Building ConstructionWood Frame
  • Building FeaturesInternet Access Available, Storage
  • RoofComposition, Shingle

Property Information

  • Property UsesOffice Building

Photos

  • Number of Photos23
  • Last Img Trans Date02/01/2021

Other

  • Parking Spaces5 - 10 Spaces, Garage, Gravel, On Site, Paved

Tax Information

  • Tax Year2,020

Location

  • StateME
  • TownNewcastle
  • Zip04553
  • LocationBusiness District, Downtown, Historic District, Near Shopping
  • CountyLincoln
  • Map13

Property

  • Acreage0.23
  • Sq Ft Finished Total1,869
  • Leased LandNo

Utilities

  • Heat SystemBaseboard, Heat Pump, Hot Water, Multi-Zones
  • Heating FuelElectric, Oil, Solar
  • Waste Water DisposalPublic Sewer
  • WaterPublic
  • CoolingHeat Pump
  • ElectricCircuit Breakers, Photovoltaics Seller Owned
  • GasNo Gas

Basic Information

  • List Price$349,000
  • MAINE1481059
  • Address10 Mills Road
  • Broker NameDrum & Drum Real Estate Inc.
  • Modification Date02/09/2021
  • Agent ID015075
  • Broker ID1453
  • MLS StatusActive

Interior

  • FloorsVinyl, Wood

Exterior

  • ExteriorClapboard, Wood Siding

Amenities

  • UsmAmenitiesBasement
Kimberly Clarke
Kimberly Clarke
3641 White Mountain Hwy
North Conway, NH 03860

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2021 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

NHMEHOMES.com participates in ©2021 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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