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529 Main Street, Fryeburg, ME 04037
$485,000
529 Main Street, Fryeburg, ME 04037View this property at 529 Main Street, Fryeburg, ME 04037
529 Main StreetFryeburgME04037
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Property Description
Searching for the perfect investment opportunity in a fantastic commercial location? Dreaming of owning a one-of-a-kind estate with an abundance of architectural character? Welcome to 529 Main Street. Originally known as the Ye Olde Inn, the 26-room tavern was converted into a 6,300sq ft multi-use property where a story of elegance and history unfolds. Every inch of this exceptionally sophisticated jewel has been deeply cared for by the same family for over 40 years. A private entrance, paved pathway, and thoughtfully landscaped grounds invite you into the front entrance. Upon entry, you are welcomed by beautiful pine wood floors, 9'' ceilings, and a stunning grand foyer that guides you to an expansive 45' screened-in porch. The bright and airy dining room is highlighted by a breathtaking crystal chandelier and custom built-in cabinetry that seamlessly connects to the beautifully updated kitchen, which was designed for entertaining. Two spacious living rooms with fireplaces, a half bath, and an oversized parlor finalizes the first level. On the second level, retreat to the spacious primary suite with beautiful wood flooring and large windows that invite lots of natural light. Three additional bedrooms, including an en-suite, a full bath, and an oversized unfinished attic complete the second level. In addition to the primary residence are four income-producing apartments, equating to an extra 2800sq ft in total square footage. Additional features include a large 1-car garage, a large full walkout basement with plenty of opportunities for expansion, a workshop, and an impressive 3 fireplaces. Future potential includes options to return the property to its original commercial use, AirBNB income, or create multiple commercial/office spaces in a prime location. Within minutes to Fryeburg Academy, Fryeburg Fairgrounds, Shawnee Peak, and the infamous North Conway! Make it yours today!
Full Property Details
Full Property Details for 529 Main St
General
- Sold For: $485,000
- Taxes: $6,003 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 1528620
- Added to Site: 724 day(s) ago
Interior
- Flooring: Carpet, Laminate, Other, Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 7
- Half Bathrooms: 2
Additional Information
- Amenities: 1st-Floor Bedroom, Attic, Bathtub, Laundry - Hookup, Other Amenities, Screened Porch, Primary Bedroom w/Bath, Storage
- Recreation: Nearby, River/Brook/Stream
Parking
- Parking Features: 5 - 10 Spaces
- Garage Description: 1 Car, Detached
Location
- County: Oxford
- Location Details: In Town, Other Location
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Radiator, Steam, Stove
- Heating Fuel: Oil, Wood
Utilities
- Gas: No Gas
- Sewer: Other, Private Sewer, Septic Design Available
- Water: Public
Structural Information
- Architectural Style: New Englander, Other Style
- Construction: Wood Frame
- Exterior Const.: Vinyl Siding
- Basement Desc.: Full, Unfinished, Walkout Access
- Roof: Metal
- Square Feet: 6,320
- Sq. Ft. Source: Public Records
- Finished Total: 6,320 Sq. Ft.
- Year Built: 1805
Lot Features
- Lot Size (Acres): 0.51
- Street/Road Desc.: Public
- Driveway/Sidewalk: Common, Gravel, Paved
- Zoning: Village Commercial
- Lot Description: Level, Open, Other Site
Water Features
- Water Access Desc: Nearby, River/Brook/Stream
Financial Considerations
- Tax Amount: $6,003
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Lot Number: 51
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Schools
Schools serving 529 Main St
School District:Rsu 72/Msad 72
Rating | Name | Grades | Distance |
---|---|---|---|
Charles A Snow School
11pine St, Fryeburg, ME 04037 | PK-5 | 0.4 mi | |
25 Molly Ockett Dr, Fryeburg, ME 04037 | PK-8 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 529 Main St
Date
Details
Price
Change
Source
11/01/2022
Sold
$485,000
-11.82%
MLS
5/24/2022
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
529 Main Street, Fryeburg, ME 04037 (MLS# 1528620) is a Multi-Family property that was sold at $485,000 on November 01, 2022. Want to learn more about 529 Main Street? Do you have questions about finding other Multi-Family real estate for sale in Fryeburg? You can browse all Fryeburg real estate or contact a Coldwell Banker agent to request more information.