128 Middle Street,Farmington, ME 04938
Farmington, ME 04938
Description
AMAZING LOCATION IN THE HEART OF FARMINGTON'S DOWNTOWN VILLAGE DISTRICT!!! This property has been meticulously maintained by the same owners for the past 35 years and offers a strong rental history. The first floor has been home to a physical therapy practice since 1991. The space offers a large reception area and waiting area with a bathroom. There are five exam rooms, a beautiful physical therapy space with plenty of natural light and hardwood floors, a lab space, an administrative office, a therapist office with docking stations and an additional full bathroom with laundry. Parking is not an issue with the paved private driveway leading to the large, paved parking lot. On street parking is also available for patients. The second floor is a spacious, four-bedroom one bath unit with laundry on site as well. The open concept living, dining and kitchen offers ample space for entertaining family and friends. This property is within walking distance of the Downtown Business District, local and state educational facilities, public trail systems and parks and the community center is just across the street. You can't ask for a more convenient location for a property that generates over $34,000 annually in net proceeds with an increase projected for 2026. This can be an owner occupied, multi-use building with a commercial tenant on the first floor. Currently there are tenants on the second floor with a medical practice on the first floor. It would not take much to convert this property back into a full residential home after the current leases expire. COME AND EXPLORE THE POSSIBILITIES!!!
Details
| MLS # | 1657464 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1884 |
| Days On Site | 160 |
| Listing Provided By | Palmer Realty Group | Andrew Hufnagel |
Features
| Bath(s) | 3 Total |
|---|---|
| SQ Feet | 3,698 |
| Basement | Y |
| Units | 2 |
| Zoning | Village |
| Acreage | 0.27 |
Interior
| Interior Features | Bathtub, Shower, Storage, Walk-In Closet(s) |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Wall Unit(s) |
| Laundry Features | Main Level, Upper Level |
| Amenities Co Amenities | Bathtub, Laundry - 1st Floor, Laundry - 2nd Floor, Shower, Storage, Walk-in Closets |
Exterior
| Roof | Metal |
|---|---|
| Foundation Details | Stone |
| Lot Features | Business District, Level, Open Lot |
| Waterfront Features | Lake/Fresh Water, Nearby, River/Brook/Stream |
| Construction Materials | Wood Frame, Vinyl Siding |
| Exterior Co Exterior | Vinyl Siding |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Paved, 11 - 20 Spaces, On Site, Off Street, On Street |
Utilities
| Utilities | Utilities On |
|---|---|
| Sewer | Public Sewer |
| Electric | Circuit Breakers |
Taxes
| Tax Annual Amount | 5019 |
|---|---|
| Tax Book Number | 1218 |
| Tax Year | 2025 |
| Tax Lot | 004 |
| Tax Map Number | U-13 |
Area Information
| State | ME |
|---|---|
| County | Franklin |
| City | Farmington |
| Zip Code | 04938 |
| Area | Franklin |
| Listing VS Median (in 04938) | |
Price: $485,000 low | high Med: $340,000 sqft: 3,698 low | high Med: 800 $ / sqft: $131 low | high Med: $425 On site: 160 low | high Med: 79 | |
Market Activity 04938
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Learn More About This Property
| State | ME |
|---|---|
| County | Franklin |
| City | Farmington |
| Zip Code | 04938 |
| Area | Franklin |
| Listing VS Median (in 04938) | |
Price: $485,000 low | high Med: $340,000 sqft: 3,698 low | high Med: 800 $ / sqft: $131 low | high Med: $425 On site: 160 low | high Med: 79 | |
