12920 - Madison Avenue properties are rarely for sale; this building is ready for serious consideration for your portfolio. It is a mixed-use property that has many updated capital improvements including new siding and a large, paved parking lot. The front two thirds of the first floor is being used as professional office space for an accounting firm, which is approximately 1,600 sqft. The rear portion of the first floor is a private recently renovated 2-bedroom apartment. The second level is another rent producing unit of another 2 bedrooms. The third story is cold storage at this time; however, one could explore the older apartment (has not been occupied for many years) and see what is needed for code enforcement to deem it a 4th unit. Inquire today for more details!
Pending
$429,000
157 Madison Avenue, Skowhegan, ME 04976
7beds
3,495sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
Professional office spaceRent producing unitLarge paved parking lot
- 43 days
- on Zillow |
- 71 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: April 01, 2025 at 08:03am
Listed by:
Allied Realty
Source: Maine Listings,MLS#: 1616180

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Heat Pump, Forced Air, Direct Vent Heater, Baseboard
Cooling
- Heat Pump
Appliances
- Laundry: Laundry - 1st Floor, Main Level
Features
- 1st Floor Bedroom, One-Floor Living, Storage
- Flooring: Vinyl, Laminate, Carpet
- Basement: Brick/Mortar,Crawl Space,Partial,Unfinished
Interior area
- Total structure area: 3,495
- Total interior livable area: 3,495 sqft
- Finished area above ground: 3,495
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: 11 - 20 Spaces, Paved, On Site, Detached
- Garage spaces: 1
Accessibility
- Accessibility features: Level Entry
Features
- Stories: 3
Lot
- Size: 0.31 Acres
- Features: Level, City Lot, Near Shopping, Near Town, Retail Strip
Details
- Zoning: Commercial
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Foundation: Stone, Concrete Perimeter, Brick/Mortar
- Roof: Pitched,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Skowhegan
Financial & listing details
- Price per square foot: $123/sqft
- Annual tax amount: $3,913
- Date on market: 3/14/2025
- Road surface type: Paved
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