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Madison 04950
327 Shusta Road
$1,240,695*
● Commercial - Off Market

327 Shusta Road

Madison, ME 04950
bedrooms
Studio
bathrooms
0 Bath
$1,080,000 - $1,320,000
Reference Base Price*
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Here is your opportunity to be self-employed or just a passive investor. Previously an assisted living facility with a commercial kitchen, cafeteria, common area seating and bathrooms that has been converted into an extremely profitable Inn. There are 27 rooms with up to 32 Beds and they are rented in weekly increments and that income is complimented with a coin laundry operation. Tenants are referred by companies or agencies that have a need for short term housing. This business has been proven to be recession proof and operates at near to full capacity year-round. All furniture and fixtures are included and there is currently an on-site manager.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$601
HOA Dues
-
Year Built
1960

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Price History

Date / Event Date Event Price
Aug 30, 2022 No longer available -
No longer available
Dec 11, 2021 Listed $1,200,000
Listed
Oct 3, 2018 Sold
Sold

Property Highlights

Garage

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20211211
12/11/2021
Loft
-
-
$1,200,000
bedrooms
Loft
bathrooms
-
-
-
Dana Michaud
Coldwell Banker Plourde Real Estate

Building Info

327 Shusta Road 327 Shusta Road, Madison, ME 04950
More about this Building
327 Shusta Road
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