553 Shore Rd, Cape Elizabeth, ME 04107 Homes for Sale

For Sale

$1,695,000

• 0 beds
• 3 baths
• 2422 Sq Ft

553 Shore Road,
Cape Elizabeth, ME, 04107

Latitude 43.633231 - Longitude -70.226733

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Overview

Listing Status Active

MLS 1587624

Property Type

Other

Year built

1900

Total rooms

0

Lot size

0.24 Acres

Time on NeighborWho

-

Stories

-

Price per Sq Ft

$700

Parking

0e0 car garage

Basement

-

About 553 Shore Road, Cape Elizabeth, ME

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. Read more

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