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$400,000
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Property Description
Motivated Seller. Great turn-key business opportunity with an attractive cap rate! This is an investment opportunity to own a profitable self-service unattended laundromat with additional income from the vending machines and 2 bedroom rented apartment above. Recently converted to bottled propane service but Natural gas line still available to use. This turn-key business has excellent visibility on Main Street with a traffic count of 10,470 (2019). The business comes with 8 commercial washers and 12 dryer units (8 Standard/4 large), 15 parking spaces for customers, lounge area with electric fireplace, TV, internet, heat pump, restroom, and an extra back room for storage. The 1st floor has all new electrical installed for the laundromat equipment. The 2 bedroom apartment comes with a heat pump, separate driveway and entry, as well as an extra back room for storage. All windows on the 2nd floor are new vinyl replacement windows. Close to I 95. Land, building, and business is being sold. Available for showings each day from 3:00-7:00pm for the apartment and anytime for the laundromat.
Full Property Details
Full Property Details for 44 Main St
General
- Sold For: $400,000
- Taxes: $2,611 (2021)
- Status: Closed
- Type: Commercial
- Source: MREIS
- MLS ID: 1551970
- Added to Site: 1, 088 day(s) ago
Interior
- Flooring: Carpet, Tile, Vinyl
Parking
- Parking Features: 11 - 20 Spaces
Location
- County: Somerset
- Location Details: Downtown
Heating & Cooling
- Cooling Type: Heat Pump, None
- Heating Type: Baseboard, Heat Pump, Hot Water, Multi-Zone
- Heating Fuel: Electricity, Gas Bottled, Oil
Utilities
- Gas: Bottled Gas, Natural - On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Description/Design: Commercial
- Construction: Wood Frame
- Exterior Const.: Vinyl Siding
- Basement Desc.: Dirt Floor, Full, Unfinished
- Roof: Metal
- Square Feet: 2,316
- Current Bldg. Use: Mixed Use
- Year Built: 1900
- Remodeled/Updated: 2017
Lot Features
- Zoning: Mixed
Financial Considerations
- Tax Amount: $2,611
- Tax Year: 2021
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Schools
Schools serving 44 Main St
School District:School Administrative District 49
| Name | Grades | Distance |
|---|---|---|
Lawrence High School, Fairfield, ME 9 School Street, Fairfield, ME 04937 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 44 Main St
Date
Details
Price
Change
Source
3/01/2023
Sold
$400,000
-8.68%
MLS
2/06/2023
Listed
$438,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
44 Main Street, Fairfield, ME 04937 (MLS# 1551970) is a Commercial property that was sold at $400,000 on March 01, 2023. Want to learn more about 44 Main Street? Do you have questions about finding other Commercial real estate for sale in Fairfield? You can browse all Fairfield real estate or contact a Coldwell Banker agent to request more information.

