404 Academy Road, Litchfield, ME 04350

$140,000
  • 404 Academy Road, Litchfield, ME 04350 Main Photo

71 Photos

Active
SQUARE FEET2,430 MLS#1678589
STATUSActive PROPERTY TYPECommercial - Business

Property Description

RESIDENTIAL & COMMERCIAL POTENTIAL -- Bring your vision, your contractor, and your plans! This Circa-1835 Cape Cod farmhouse offers a unique opportunity for those looking for a substantial restoration project, residential development potential, or a property that can accommodate business possibilities. Situated on approximately 2 acres and zoned for both residential and commercial use, this property offers flexibility that can be difficult to find. Need more land?? 6 to 27 additional acres may be available for purchase separately. The farmhouse contains 12 rooms, although only 4 rooms are currently being utilized. Improvements to the occupied portion of the home include an updated kitchen and bathroom, along with colorful, welcoming interior paint. Outside, a large, open backyard provides plenty of space and possibilities. This is a major fixer-upper and is being offered with significant restoration needs. The 25'x54', two-story barn is in poor condition, and may require substantial structural repair or demolition. The roof of the ell connecting the barn to the main house requires complete restoration or replacement. The basement currently utilizes a sump pump, and the west wall shows leaning -- one section has previously been replaced with concrete. The home also has a shared well with the neighboring property. For an investor with the resources and vision to undertake a significant project, the property's combination of acreage, historic character, and residential/commercial zoning creates a variety of possibilities. Restore the farmhouse, explore residential development, or investigate potential business uses permitted by local zoning. A working farm currently operates on the premises. The farm stand and business are not part of the sale. The business owner will guide serious inquiries through the penned-in areas/barn. The barn's 2nd floor is unsafe to walk on. Watch your step on the brick floor in basement. Active bee hives are present on the property.

404 Academy Road | MLS# 1678589

This commercial property located at 404 Academy Road, Litchfield, ME 04350 is currently listed for sale with an asking price of $140,000. Search Litchfield real estate on www.spragueandcurtis.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Basement: Bulkhead, Dirt Floor, Full, Sump Pump, Unfinished, Brick/Mortar
Heating: Propane, Direct Vent Furnace, Forced Air
Lot Size: 2.00 Acres
Roof Type: Other, Shingle
Taxes: $2,180
Year Built: 1835

Feature Descriptions

Electric: Circuit Breakers, Fuses, Unknown
Exterior: Wood Frame, Vinyl Siding
Flooring: Wood
Foundation: Stone, Granite, Poured Concrete
Lot: Business District, Near Shopping, Near Turnpike/Interstate, Rural
Parking: 5 - 10 Spaces, On Site, Paved, Gravel
Sewer: Private Sewer, Septic Design Available
Water: Private, Well

Listed By / Shown By

Listed By

Agency Name: Hoang Realty
Agency Phone: 207-623-0623

Shown By

Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123

IDX logo

Login to My Homefinder