Bought with Portside Real Estate Group
$485,000
$550,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
9 Baths
6,320 SqFt
SOLD DATE : 11/01/2022
Key Details
Sold Price $485,000
Property Type Multi-Family
Listing Status Sold
Square Footage 6,320 sqft
MLS Listing ID 1528620
Sold Date 11/01/22
Style New Englander,Other Style
Full Baths 7
HOA Y/N No
Abv Grd Liv Area 6,320
Originating Board Maine Listings
Year Built 1805
Annual Tax Amount $6,003
Tax Year 2022
Lot Size 0.510 Acres
Acres 0.51
Property Description
Searching for the perfect investment opportunity in a fantastic commercial location? Dreaming of owning a one-of-a-kind estate with an abundance of architectural character? Welcome to 529 Main Street. Originally known as the Ye Olde Inn, the 26-room tavern was converted into a 6,300sq ft multi-use property where a story of elegance and history unfolds. Every inch of this exceptionally sophisticated jewel has been deeply cared for by the same family for over 40 years. A private entrance, paved pathway, and thoughtfully landscaped grounds invite you into the front entrance. Upon entry, you are welcomed by beautiful pine wood floors, 9'' ceilings, and a stunning grand foyer that guides you to an expansive 45' screened-in porch. The bright and airy dining room is highlighted by a breathtaking crystal chandelier and custom built-in cabinetry that seamlessly connects to the beautifully updated kitchen, which was designed for entertaining. Two spacious living rooms with fireplaces, a half bath, and an oversized parlor finalizes the first level. On the second level, retreat to the spacious primary suite with beautiful wood flooring and large windows that invite lots of natural light. Three additional bedrooms, including an en-suite, a full bath, and an oversized unfinished attic complete the second level. In addition to the primary residence are four income-producing apartments, equating to an extra 2800sq ft in total square footage.
Additional features include a large 1-car garage, a large full walkout basement with plenty of opportunities for expansion, a workshop, and an impressive 3 fireplaces. Future potential includes options to return the property to its original commercial use, AirBNB income, or create multiple commercial/office spaces in a prime location. Within minutes to Fryeburg Academy, Fryeburg Fairgrounds, Shawnee Peak, and the infamous North Conway! Make it yours today!
Location
State ME
County Oxford
Zoning Village Commercial
Direction GPS Friendly
Rooms
Basement Walk-Out Access, Full, Interior Entry, Unfinished
Interior
Interior Features 1st Floor Bedroom, Attic, Bathtub, Other, Storage, Primary Bedroom w/Bath
Heating Stove, Steam, Radiator
Cooling None
Flooring Wood, Vinyl, Tile, Other, Laminate, Carpet
Laundry Washer Hookup
Exterior
Garage 5 - 10 Spaces, Gravel, Paved, Common, Detached
Garage Spaces 1.0
Waterfront No
View Y/N No
Roof Type Metal
Porch Screened
Parking Type 5 - 10 Spaces, Gravel, Paved, Common, Detached
Garage Yes
Building
Lot Description Level, Open Lot, Intown, Other
Foundation Granite, Other, Slab
Sewer Other, Private Sewer, Septic Design Available
Water Public
Architectural Style New Englander, Other Style
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Wood, Oil
Financing Other
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