107 Water Street
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107 Water Street
705 SF Office Building Farmington, ME 04938 $348,390 CAD ($494 CAD/SF)
Investment Highlights
- Heavy traffic area but nestled on private lot away from congestion
- Bright and sunny throughout, double driveway with ample parking, public water & sewer, monitor & heat pump, and full finished basement
- In town, close to all other amenities & shopping, and just a few minutes from University of Maine Farmington
Executive Summary
Charming building with numerous possibilities located within a high traffic area yet nestled away from the busy congestion. In town, close to all other amenities & shopping, and just a few minutes from University of Maine Farmington. Bright and sunny throughout, double driveway with ample parking, public water & sewer, monitor & heat pump, and full finished basement. One level with a large front room, back room / office space, side room previously used as 3-bay hair salon with sinks still intact, back entryway, and full bathroom. Though it was previously used as office space and a hair salon, there are many opportunities for various businesses to thrive. Can also check with the town about converting to a single-family home to live in or rent for an investment opportunity. Come check it out and see what this attractive opportunity has to offer you!
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$2,525
|
$3.58
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2,525
|
$3.58
|
Financial Summary (Actual - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $2,525 |
| Annual Per SF | $3.58 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $2,525 |
| Annual Per SF | $3.58 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
705 SF
Building Class
C
Year Built
1955
Price
$348,390 CAD
Price Per SF
$494 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
705 SF
Building FAR
0.08
Lot Size
0.20 AC
Zoning
VB - Village Business
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PROPERTY TAXES
| Parcel Number | FARN-000000-U000031-000023 | Total Assessment | $125,451 CAD |
| Land Assessment | $49,787 CAD | Annual Taxes | $2,525 CAD ($3.58 CAD/SF) |
| Improvements Assessment | $75,664 CAD | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
FARN-000000-U000031-000023
Land Assessment
$49,787 CAD
Improvements Assessment
$75,664 CAD
Total Assessment
$125,451 CAD
Annual Taxes
$2,525 CAD ($3.58 CAD/SF)
Tax Year
2023
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107 Water Street
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