$995,000
19 Mason Street
Brunswick
Listing Courtesy of
EXP Realty
19 Mason Street, Brunswick, ME 04011
This is a rare opportunity to invest in a prime mixed-use building in the heart of downtown Brunswick. Located in the highly sought-after GM6 District, this expansive property offers nearly 5,000 square feet of space and excellent visibility in a high-traffic area—ideal for residential, commercial, or combined use. Currently configured as four units, the building generates a projected gross annual rent of $90,000, resulting in a solid 7.5% CAP rate. Over the past four years, the property has undergone extensive renovations, including the installation of three new heating systems, the addition and renovation of multiple bathrooms, a full remodel of a two-bedroom, two-bath residential unit, and the installation of new windows. Additional upgrades include construction of a two-story staircase to provide a second egress, exterior painting, foundation repairs, and a storefront conversion. Two long-term tenants are currently in place, with leases secured through April 2027, offering immediate and stable rental income. This well-maintained and versatile building is a standout investment opportunity in a growing and vibrant downtown district. Cross Reference Commercial Listing : MLS 1562920
Listing Courtesy of
EXP Realty
DETAILS
- Listing Id1625919
- StatusActive
- TypeMulti-Family
- SeasonalNo
- Map / LotU14 / 167
- Book / Page37600 / 210
- Sq Ft Finished Above Grade4900
- Sq Ft Finished Total4900
- Total Baths2 / 0
- Waste Water DisposalPublic Sewer
- WaterPublic
- Heat SystemForced Air, Heat Pump, Hot Water, Zoned
- CoolingHeat Pump
- ElectricCircuit Breakers
- BasementDaylight, Exterior Only, Full, Interior, Partial, Walk-Out Access
- RoofMembrane, Metal, Other
- FloorsTile, Wood
- GarageNo
- Lot FeaturesIntown, Near Golf Course, Near Railroad, Near Shopping, Sidewalks
- Parking Features1 - 4 Spaces, Gravel, Off Site, On Site
- Laundry FeaturesLaundry - 1st Floor, Main Level
- StyleFederal
- Water ViewNo
- Checked For UpdatesMonday, June 30, 2025 at 7:35 PM
- IDX Listing UpdatedMonday, June 23, 2025 at 2:40 PM
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