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238 Main Street
Calais, ME 04619
Asking Price
$219K
Asset Type
Creative Office Retail
Class
Class B
What's Special
Fully Leased Downtown Building Steps from Canada <p><span style="color: rgba(0, 0, 0, 1)">In the heart of downtown, this well-maintained mixed-use property delivers immediate cash flow with a combined monthly income of $2,425. The street-level commercial unit, currently leased as a salon, generates $925 per month, while the fully furnished one-bedroom apartment above produces $1,500 per month.</span></p>
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NOI
$80,000
Cap Rate
36.53%
DSCR
6.15
Strong
Cash-on-Cash
101.98%
Monthly Payment
$1,083.493
Annual Cash Flow
$66,998.09
