Nestled in the heart of downtown Brunswick, this charming Cape offers a rare opportunity to experience true in-town living! With its classic appeal and prime location, this property is ideal for a variety of uses which helps to keep a high occupancy rate. The building is currently configured as a two-unit residential building, which includes a modest one-bedroom apartment with the potential for a highly visible retail or service business (GM6 zoning; verify specific permitted uses with the town). Plus, a larger apartment featuring a spacious kitchen and living room, a convenient mudroom, and two bedrooms. This unit has access to the upstairs, 403 square feet for expansion, just awaiting your vision. Each apartment has separate heat and electricity. Parking is ample, though with everything at your doorstep, a car is hardly necessary. Step outside to find a grocery store, the library, and the train station with rail service to Boston. Downtown Brunswick offers a vibrant scene with fantastic restaurants, shops, arts and entertainment and Bowdoin College. If you're looking for more outdoor adventure, enjoy nearby golf courses, hiking trails, and easy access to the ocean and highway. This location truly has it all!
Group Showings Available! Attention commercial landlords and investors! The New Meadows Motel features 21 units on the high traffic road tucked back between the vibrant Cooks Corner and the growing city of Bath. This property spans 14 acres, hinting at future development or expansion opportunities, all the while preserving a country setting of expansive lawns and a small pond. This property is currently licensed as a motel and features a mix of weekly and monthly tenants. The main house is a two unit, there is a 3 unit, a single family home, a storage/workshop building, and then 8 motel style units. The property has had extensive renovations done to the exteriors of all buildings, and a majority of the interiors have been redone, including furnishings, plumbing and electric. There is a wooded area that can support a new single family home, and the opportunity to add more motel units is an obvious value add. The cash flow on this property makes it the safe addition to your portfolio, or your next career as a business owner. Please no drive-bys, call for an appointment.
The 2-unit property at 16 Garrison Street is a great opportunity for either owner-occupants or investors. Here are some key highlights and potential benefits: 1. Location: The proximity to Bowdoin College and downtown Brunswick enhances its appeal for student or faculty housing, as well as for buyers who value a short commute to local amenities. 2. Separate Utilities: With each unit having its own heating, hot water, and electrical systems, the setup allows tenants or owners to be responsible for their own utility costs, reducing overhead for property owners. 3. Storage & Laundry: The basement storage space and two washer/dryer hookups make it appealing and convenient for tenants and adds value to the units. 4. Outdoor Space: Both units having back decks overlooking a fenced yard provides appealing outdoor space, a desirable feature for owners and/or tenants. 5. Parking: With off-street parking available as well as an additional garage bay, tenants have ample space for parking—an attractive feature in a location close to downtown. 6. Investment Potential: The option to increase rents to fair market value after cosmetic updates could improve cash flow. Month-to-month leases give flexibility for any renovations or new tenant arrangements. Overall, the property could be an ideal choice for someone looking to invest in a college-town rental or secure affordable housing close to all that downtown Brunswick has to offer.
The median home value in Brunswick, ME is $438,500. This is lower than the county median home value of $470,000. The national median home value is $338,100. The average price of homes sold in Brunswick, ME is $438,500. Approximately 67.12% of Brunswick homes are owned, compared to 26.72% rented, while 6.16% are vacant. Brunswick real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Brunswick real estate agent to arrange a tour today!
Brunswick, Maine has a population of 21,589. Brunswick is more family-centric than the surrounding county with 32.65% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in Brunswick, Maine is $67,488. The median household income for the surrounding county is $80,679 compared to the national median of $69,021. The median age of people living in Brunswick is 42.8 years.
The average high temperature in July is 78.4 degrees, with an average low temperature in January of 9 degrees. The average rainfall is approximately 49.3 inches per year, with 66.4 inches of snow per year.