20 days Back

553 Shore Road, Cape Elizabeth, ME 04107

  • 0 Bedrooms
  • 0 Bathrooms
  • 2,422 sqft

Value Estimates

Fair Condition
$1,730,625
Good Condition
$1,803,400
Excellent Condition
$1,812,275

About

Nestled along the prestigious Shore Road, this distinguished Georgian Colonial residence presents a versatile mixed-use opportunity. Boasting commercial space on the ground floor and two spacious apartments spanning the upper levels, this property epitomizes convenience and amazing potential. Offered as a very successful ''turn-key'' rental business, with most furnishings included, it also holds promise for diverse ventures within the BA zone. Positioned at the gateway to Cape Elizabeth, this property enjoys unrivaled prominence, surrounded by pristine beaches, scenic parks, and an array of dining, entertainment, and cultural amenities within easy walking distance. Meticulously preserving its original charm, while selectively modernizing essential features, this property seamlessly blends timeless elegance with contemporary functionality. Ideal for entrepreneurs, owner-occupiers, or those seeking to capitalize on the bustling yet idyllic coastal atmosphere, this property represents a prime investment opportunity. Excellent furnished, monthly rental income of the two residential units, combined with the presence of a first-floor commercial space and garage, underscores the significant income potential of this distinctive property. Whether establishing a business or embracing the allure of coastal living, this property promises both distinction and potential in equal measure.

General Information

0 beds
2,422 Sq Ft
Commercial
1900
Active
0 baths
0.24 Sq Ft Lot
2
20 Days on Market

Listing Details

Mixed Use - Cape Elizabeth, ME
MREISME
Maine Real Estate Information System, Inc.
1587625
Townsend Real Estate (Broker)
ListHub
Townsend Real Estate
207-842-9200 x227
Kathryn Townsend
ktownsend@townsendre.com
(207) 232-8668
(207) 842-9200
3yd-MREISME-005678

Townsend Real Estate
(207) 842-9200
Copyright © 2024 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property Features

  • Attic
  • Barbecue Area
  • Basement
  • Deck
  • Disabled Access
  • DBL Pane Windows
  • Fireplace
  • Gated Entry
  • Greenhouse
  • Hot Tub Spa
  • Pool
  • RV Parking
  • Sauna
  • Security System
  • Sprinkler System
  • Vaulted Ceiling
  • Wet Bar
  • Heating Systems
  • New Construction
  • Waterfront
  • Parking: Off Street, Paved or Surfaced

Nearby Schools

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