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1 Depot Street, 
Livermore Falls, ME 04254

$325,000


Bed


3

Baths


6,498

Sq Ft


Multi-Family

Pending

Listed by

Joseph Hausl Erica Hausler

Elevate Maine Realty

Last updated:

May 29, 2025, 07:24 AM

MLS#

1621732

Source:

ME MREIS

About This Home

1 Depot Street

INVESTORS TAKE NOTICE. This property brings so much potential to downtown Livermore Falls. There are currently 3 apartments and 4 commercial spaces. There is a space in the basement that is prime to become the 5th commercial unit with very minimal buildout required, complete with a kitchenette and its own water heater hookup. The second floor is open and ready to add three more apartments or transform into a bustling commercial business. Engineering/Architectural drawings are included to turn the second floor space into an event center upon request. The building comes with its own parking lot and the potential to purchase an additional attached parking lot from the City for $15,000, per current owner. (2) of the (4) commercial units are presently occupied by an insurance agency and a therapist. (1) of the (3) residential units are presently occupied. Rent on all units is at $700 per month. With a current rental income is $2,100 per month and a potential income of $4,900 per month ($58,800/Yr) at the current rates and in its current state. Operating expenses are roughly $21,000 per year Please see MLS commercial listing #1621734 for additional information.

Home Facts

Multi-Family

3 Baths

Built in 1890

Price Summary

325,000

$50 per Sq. Ft.

MLS #:

1621732

Last Updated:

May 29, 2025, 07:24 AM


Rooms & Interior

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

6,498 Sq. Ft.


Structure

Structure

Building Area:

6,498 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$325,000

Price per Sq. Ft:

$50 per Sq. Ft.

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MREIS Multiple Listing Service™ system Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

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