53 Main Street

$4,000,000 Selling price
9 Rooms
1 Bathrooms

Iconic Main Street commercial property with newly drawn concept plans showing the 2nd and 3rd floors converted from office space to residential. There are 2 residential apartments proposed, see plans attached in 'documents'. There is a one bedroom apartments designed for the front of the building overlooking Main St. There is a large multi level, 2 bedroom apartment designed for the 2nd and 3rd floors in the rear. This rear apartment would also have direct and exclusive access to the roof walk with harbor views. If condo-ed these units could be sold off individually. This prestigious commercial building, built after the great fire of 1846 has been well maintained and had a total renovation in 1986. The conversion of the upper floors to residential condos is in response to strong demand for in-town apartments. This property could be occupied by a new owner who wants the income from the multiple units, whether they need the 1st floor commercial space with full finished basement or a deluxe apartment in the center of town. Current leases in place, info upon request from qualified buyers.

Lower Level Finished basement includes private office with natural light, conference room, half bath, storage rooms and utility rooms.

Selling Date:  02/04/2021

Listing Price: $5,250,000

Selling Price:  $4,000,000

% To Listing Price: 76.19%

Days on Market:  343