157 Main St, Farmington, ME 04938

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Building Details:

157 Main St is located in Farmington, ME.

• Fully leased, three building package located in the heart of Downtown
Farmington and within walking distance to the University of Maine campus
• Both Main Street mixed-use buildings were updated in 2008/2009 to meet State Fire Code – new, commercial fire alarm system, rear fire escape, fire doors, alarms & pull stations, etc.
• Tenants include: two 1st floor retailers – “Pins & Needles” and “Wicked Gelato”, two second floor small private offices, and 10 recently updated residential apartment units ranging from 2-room studies to 6-room, 3-bedroom units.
• Asking Price $725,000 (10.8% Cap Rate on $78,291 of Combined NOI)