NEWLY LISTED with expanded commercial opportunity and income potential in the heart of Newport! This unique property now includes a four-bay commercial garage with dedicated office space, creating an exceptional setup for contractors, small business owners, storage needs, hobby space, or investment potential. The four-bay garage measures approximately 24x42 and is paired with a 12x24 office area, offering a rare opportunity to live, work, and generate income all from one property. Combined with the in-law apartment above the barn, this property offers excellent potential for rental income, business use, or multi-generational living.This well-maintained property features an updated kitchen with modern finishes, comfortable living areas, a metal roof, and a spacious back deck overlooking the river. The in-law apartment above the barn provides added flexibility for guests, extended family, or additional income opportunities. Favorable commercial zoning further enhances the versatility of the property while its central in-town location offers convenient access to local amenities, shopping, restaurants, and easy interstate travel to both Bangor and Augusta. A unique combination of residential comfort and commercial flexibility, this property offers endless potential for a wide variety of needs.
Listed By
Agency Name: NextHome Experience
Agency Phone: 207-573-7400
Shown By
Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123
Estimated Payment
$ 1,166.26 per month $776.72 Principal & Interest $287.75 Property Tax $101.79 Homeowner's Insurance
61 Elm Street | MLS# 1661726
This single family home located at 61 Elm Street , Newport, ME 04953 is currently listed for sale with an asking price of $349,000. This property was built in 1800 and has 4 bedrooms and 2 full and 1 partial baths with 2297 sq. ft. Search Newport real estate on www.spragueandcurtis.com today.