553 Shore Road Cape Elizabeth, ME 04107
Nestled along the prestigious Shore Road, this distinguished Georgian Colonial residence presents a versatile mixed-use opportunity. Boasting commercial space on the ground floor and two spacious apartments spanning the upper levels, this property epitomizes convenience and amazing potential. Offered as a very successful ''turn-key'' rental business, with most furnishings included, it also holds promise for diverse ventures within the BA zone. Positioned at the gateway to Cape Elizabeth, this property enjoys unrivaled prominence, surrounded by pristine beaches, scenic parks, and an array of dining, entertainment, and cultural amenities within easy walking distance. Meticulously preserving its original charm, while selectively modernizing essential features, this property seamlessly blends timeless elegance with contemporary functionality. Ideal for entrepreneurs, owner-occupiers, or those seeking to capitalize on the bustling yet idyllic coastal atmosphere, this property represents a prime investment opportunity. Excellent furnished, monthly rental income of the two residential units, combined with the presence of a first-floor commercial space and garage, underscores the significant income potential of this distinctive property. Whether establishing a business or embracing the allure of coastal living, this property promises both distinction and potential in equal measure.
- Property TypeSingle Family Home
- NeighborhoodN/A
- CountyCumberland
- Taxes$7,406
- HOA/Condo/Coop Fees$0
- Days on Site13 Days
- MLS StatusActive
- MLS ID Number1587627
- Home Size Source Public Records
- Year Built1900
- Lot Size0.24 Acres
- Full Baths2
- Partial Baths1
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General Features
- Style Colonial
- Construction Wood Siding
- Parking 5 - 10 SpacesPavedDetachedOff Street
- Sewer Private Sewer
- Electric Circuit Breakers
- Basement FullInterior Entry
- Acreage 0.24
- Water Public
- Property Sub Type Single Family Residence
- Garage Spaces 2
- Foundation Stone
- Zoning BA
Interior Features
- Cooling Heat Pump
- Heating SteamHeat Pump
- Fireplaces 1
- Fireplace Yes
Exterior Features
- Roof Shingle
- Waterfront Property No
- Lot LevelOpen LotSidewalksLandscapedNear Public BeachNear TownNeighborhood
- Patio And Porch Porch