37 Mill Street

Brunswick, ME 04011

MLS ID# 1532679 Closed
Office

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Closed $520,000

0.71 acres

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Remarks
• Details
• Virtual Tour 1
• Video 1
• Video 2

Description

Check out this great investment opportunity to own a professional office building in the heart of Brunswick. Fully leased with 13 rooms and 4 bathrooms encompassing approximately 4,000s.f. and generating $63,120 gross annual rental income. Tenants enjoy varying office sizes, 4 bathrooms and a warm and inviting lobby. Nice curb appeal with great visibility and high traffic counts. The building was recently updated in 2015-2019 (roof, boiler, siding) and taxes are less than $6,000 per year. Tenants and customers enjoy some 26± paved parking spaces on a double lot that is easily accessible from Mill Street as well as Oak Street. Views of the river and minutes to local restaurants, downtown Brunswick and Bowdoin College. An exceptional investment in Brunswick! Check out this great investment opportunity to own a professional office building in the heart of Brunswick. Fully leased with 13 rooms and 4 bathrooms encompassing approximately 4,000s.f. and generating $63,120 gross annual rental income. Tenants e... show more

Location Information

• Street # 37
• Street Name Mill
• Street Type Street
• County Cumberland
• Town Brunswick
• State/Province ME
• Zip Code 04011
• Zip +4 1914
• Leased Land No
• Book 38188
• Page 192
• Map U14
• Lot 85
• Zoning GM6 Growth Mixed Use
• Zoning Overlay Unknown
• Tax ID BRUN-000014-000000-000085U
• Full Tax Amount 6099
• Tax Year 2022
• Association Y/N No

Property Information

• Primary Use Office
• Surveyed Unknown
• Short Sale Continue to Show No
• Deed/Conveyance Type Offered Warranty
• Deed All
• Deed Restrictions Unknown
• Bank Owned REO No
• Year Built - 1795
• Year Renovated +/- 2019
• Tenancy Multiple Tenants
• Leases Partial
• Total # Floors 2
• SqFt Finished Total 4309
• Lot Size Acres +/- 0.71
• Road Frontage +/- 190

Compensation & Misc Info

• Buyer Agency 2.5%

Directions

Directions: Two ways to access: Legal right of way off Oak St and the main driveway off Mill St, just before the Maine St underpass.

Details

• Commercial Bldg Information

  Manufacturing SqFt:0, Office SqFt +/-:3961, Total Units:13, Traffic Count +/-:1219

• Water Info

  No Water Frontage, Water View, Water Body Name:Androscoggin River

• Water Body Type

  River

• Construction

  Post & Beam, Wood Frame

• Property Uses

  Office Building

• Basement

  Bulkhead, Crawl Space, Full, Unfinished

• Foundation Materials

  Block, Poured Concrete

• Exterior

  Vinyl Siding

• Roof

  Pitched, Shingle

• Heat System

  Baseboard, Hot Water, Multi-Zones

• Heat Fuel

  Oil

• Cooling

  None

• Floors

  Carpet, Laminate, Tile, Vinyl

• Accessibilitiy Amenities

  Level Entry

• Building Features

  Cable, Internet Access Available

• Parking

  21+ Spaces, On Site, Paved

• Electric

  Circuit Breakers

• Utilities

  Utilities On

• Gas

  No Gas

• Sewer

  Public Sewer

• Water

  Public

• Sold Info

  Buyer's Zip Code:04011, Appraiser:007615, Appraiser Name:Kenneth Charest, Appraiser Phone Number:207-450-2567, Appraiser Email Address:[email protected]

• Sold Terms

  Conventional

• Sold Terms Other

  Arms Length