Waterfront Property Available with Limitless Customization Options

Presented by
Pamela Sessions
Bearfoot Realty

Price: $225,500

Location: 1177 Route 2, Rumford, ME

 

Maine is one of the most beautiful states in the U.S. The combination of deep forests, gorgeous national parks, and picturesque New England coastal scenery make Maine an idyllic destination that draws in countless tourists every year. While Maine has a small population relative to its large size, many areas throughout the state make perfect places to reside.

Rumford is a small city in Maine set along the Androscoggin River. While still maintaining a quaint and quiet feel, Rumford is a significant tourist attraction due to its proximity to the world-famous Black Mountain of Maine ski resort. For those seeking a home or business opportunity in this endlessly appealing area, 1177 Route 2 is a rare find that can meet various needs.

1177 Route 2 is a turnkey seasonal restaurant built in 2019 with modern furnishings and features. The property offers several unique advantages to buyers. It has 200 feet of riverfront space along the Androscoggin River and mixed-use zoning, so the new owners will have the opportunity to determine how they use the space. While investments like heating would need to be made to make this space usable year-round, the new buyers will have plenty of options to get the most out of this property.

The property’s interior is 901-square feet, with light brown wood floors and walls. It has an All-American look that is both stylish and rustic. There’s half a bathroom, meaning no shower or bathtub but a toilet and sink, and an industrial kitchen. Outside, the property has a 0.59-acre lot with parking, a storage shed that can house inventory, and a patio with seating space.

This property is a unique option for a creative buyer. There is so much potential for change and improvement. A new buyer can continue to run the restaurant business that first inhabited the space, as the business and property can be purchased as a package. Alternatively, the new owner can choose to completely alter the space.

A creative buyer willing to invest in the property could convert the space into a home, a new business, or an Airbnb. There is any number of potential options to make use of the space. With a clear strategy in mind, a new buyer could turn this space into a profitable commercial property or start anew with a home.

1177 Route 2 is a property that will present a new owner with an exciting chance to implement their vision on a large mixed-use space with an idyllic setting. With waterfront views, a large lot, and the potential for any number of decisions, this property is a rare, highly-customizable find. It is currently being listed for $225,500.

Interested in finding out more? Please contact Pamela Sessions at 207.740.6351 or Pam@bearfootrealty.com

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