About this home
Don't miss out on this one-of-a-kind commercial opportunity! This brand new self-storage business is an investor's dream, boasting 65 units, durable metal construction, and a web-based management system for easy operation. With excellent high occupancy rates and low running expenses, this is a venture that promises strong returns. Conveniently positioned in the heart of Oakland, this business is close to Waterville, Thomas and Colby colleges, and the picturesque Messalonskee Lake, making this facility a preferred choice for students, faculty, and lake house owners needing additional storage space. The package also includes a tastefully remodeled 3-bedroom, 1-bath ranch home that can be further utilized as an extra rental income source, an office space or simply as a convenient residence for maintaining a perfect work-life balance. Come explore the potential of this unique commercial proposition today! Prospective buyers must sign an NDA and present proof of funds to receive financials.
Listing last checked: Listing updated:
Listed by Listing Agent · Harcourts Waterfront & Fine Properties · MLS #1626329
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Details at a glance
Interior1 property facts
- Heating
- Forced Air, None
Building4 property facts
- Style
- General Commercial
- Year built
- 1979
- Foundation
- Block, Slab
- Roof
- Metal, Shingle
Land & utilities4 property facts
- Lot size
- 2.1 acres
- Water
- Public
- Sewer
- Private Sewer
- Zoning
- 12
Financial2 property facts
- Annual taxes
- $7,334
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $1,500,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$8,196 / monthAdjust
- Principal & interest
- $7,585
- Property tax
- $611
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,334. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 36-38 Summer Street
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Request a tour of 36-38 Summer Street and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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