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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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14 School St , Gorham, ME 04038
$1,180,000
Est. Payment: $2,622.22/mo
0 Bed
0 Bath
2632 Sqft
Status: Active | Days on site: 76
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3332 - 017719
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House Description

Exceptional investment opportunity in the heart of Gorham! Located at 14 School Street, this historic mixed-use building features three income-producing units, including two residential apartments and one commercial space, with mostly long-term tenants already in place. Situated within the desirable GVC (Gorham Village Center) zoning district, this property offers both immediate cash flow and future potential. Positioned just steps from the University of Southern Maine campus, local restaurants, shops, and village amenities, tenants enjoy the convenience of a highly walkable location. The property also offers valuable off-street parking, a sought-after feature in the village area. Whether you're looking to expand your investment portfolio, owner-occupy one of the spaces, or capitalize on the flexibility offered by mixed-use zoning, this well-maintained historic property presents a rare opportunity in one of Southern Maine's most desirable communities.

Highlights

Listed by Ashley Fearon , 207-595-0427 A Team Realty , 207-894-8484.

Property Type

Commercial Sale

Lot/Acreage
0.16

Year Built

1805

County

Cumberland

Listing ID

1665570

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Downtown
Zoning:GVC
Parking Features:5 - 10 Spaces,Off Street
Principal Interest
$2,622
Taxes
$740

Home Price

$1,180,000

Loan Details

30 yrs
%

Down Payment

20%
$236,000
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Monthly Price:
$2,622.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,622.22 $740.33 $0.00 $3,362.56
Yearly $31,466.67 $8,884.00 $0.00 $40,350.67
Total $944,000.00 $266,520.00 $0.00 $1,210,520.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Gorham, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.