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Coldwell Banker Realty
137/139 Market St, Fort Kent, ME 04743
- $2,699,000
- 7
- BA
- 6,965
- SqFt
Listing courtesy of Trinity Business Brokers.
- List Price
- $2,699,000
- MLS#
- 1687624
- Status
- ACTIVE
- Type
- Multifamily
- City
- Fort Kent
- County
- Aroostook
- Bathrooms
- 7
- Living Area
- 6,965
- Lot Size
- 182,080
- Year Built
- 1997
Property Description
Excellent multifamily investment opportunity in the heart of Fort Kent! Located at 137 Market Street, this seven-unit residential property features one three-bedroom apartment, three two-bedroom apartments, and three one-bedroom apartments, each with one bathroom. Originally built in 1994 and fully remodeled in 2016, the building offers practical amenities, including washers and dryers, refrigerators, stoves, microwaves, and large walk-in closets in every apartment. The building also features a sprinkler system and a large basement with separately rented storage space for additional income. The offering includes 139 Market Street, an approximately 16,870-square-foot commercial building with an established mix of government agencies and professional service providers. Notable occupants include the District Courthouse, Family Planning, Gateway Title, USDA, and DHHS. The commercial building's roof was replaced in 2024. Both properties are offered together on the same deed and share a 7.62-acre parcel conveniently situated near downtown Fort Kent. Combining seven residential apartments with established commercial tenants and storage rentals, 137-139 Market Street offers multiple sources of income in an accessible location close to local businesses, services, and amenities. With established commercial tenants, seven residential apartments, and additional storage income, this offering may appeal to investors seeking a replacement property for a 1031 exchange.
Additional Information
- Living Area
- 6,965
- Electric
- Circuit Breakers
- Water
- Public
- Basement
- Exterior Entry, Walkout, Full
- Cooling
- Heat Pump
- Year Built
- 1997
- Acres
- 4.18
- Roof
- Shingle
- Foundation
- Poured Concrete
- Style
- Other
- Stories
- 1
- Courtesy Of Listing Office
- Trinity Business Brokers
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