7 Island Lane

7 Island Lane

Edgecomb, ME 04556

$315,000
Price
—
Beds
1,162 Sq. Ft.
$271 / Sq. Ft.
1,162
Sq. Ft.
$271
per Sq. Ft.
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Description

Prime Midcoast location with high Route 1 traffic and visibility, make this an outstanding business opportunity. Building was formerly the rental office and continental breakfast café for the neighboring resort. Situated just across the Wiscasset Bridge providing stunning views of the historic village and the Sheepscot River. This unique property is part of a mixed use, 7 unit condo association. Condo Declaration states that the building could be used for residential, including short or long term...Prime Midcoast location with high Route 1 traffic and visibility, make this an outstanding business opportunity. Building was formerly the rental office and continental breakfast café for the neighboring resort. Situated just across the Wiscasset Bridge providing stunning views of the historic village and the Sheepscot River. This unique property is part of a mixed use, 7 unit condo association. Condo Declaration states that the building could be used for residential, including short or long term rentals with town approval. Lots of options and opportunities here!
  1. Listed by Sharon Dunbar • Tim Dunham Realty • 207-882-5020

Property Details for 7 Island Lane

Waterfront
Yes
Waterfront Features
River
Zoning
Mixed
Subdivision Name
Village at Sheepscot

Location

Listing Courtesy of Tim Dunham Realty
Add your commute
LISTING UPDATED: 03/21/2024 11:02 PM

Property Details for 7 Island Lane

StatusActive
MLS #1584736
Days on Market40
Taxes$2,217 / year
HOA Fees$200 / month
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built2015
Lot Size5.32 AC / 231,739 SF
CountyLincoln County

Location

Listing Courtesy of Tim Dunham Realty
Add your commute

Building Information for 7 Island Lane

Stories1Residences-Year Built2015Lot Size5.32 AC / 231,739 SF

Payment Calculator

$2,104 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,719

Property Taxes

$185

HOA Dues

$200

The Payment Calculator is for illustrative purposes only.

Property Information for 7 Island Lane

Summary
Location and General Information
  • Zip Code: 3600
  • Directions: Traveling north on Route 1, just beyond Sheepscot Harbor Resort on right.
  • Town: Edgecomb
  • State/Province: ME
  • Zip Code: 04556
  • County: Lincoln
  • Geo Latitude: 43.999381
  • Geo Longitude: -69.650446
  • Tax Lot: 6
  • Location:Business District: Yes
  • Location:Retail Strip: Yes
  • Location:Water View: Yes
  • Recreational Water:Nearby: Yes
Parking
  • Parking Features: 5 - 10 Spaces
Taxes and HOA Information
  • Tax Book Number: 5843
  • Tax Map Number: U-5
  • Tax Year: 2022
  • Parcel Number: EDGE-000005U-000000-000007-000516-TIF
  • Location Information:Association Y/N: Yes
  • Tax Annual Amount: $2,217.00
Property
Lot Information
  • Lot Size Acres: 5.32
  • Building Area Total: 1162.0
  • Lot Size Area: 5.32
  • Lot Size Units: Acres
  • Lot Size Square Feet: 231739.2
  • Street Number: 7
  • Property Information:Surveyed: Yes
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: Partial
  • Property Information:Deed Restrictions: Yes
  • Property Information:Total # Floors: 1.00
Property and Assessments
  • Documents Available: Deed Public Access, Property Disclosure Public Access, Plot Plan Public Access, Other Public Access 1
  • Leased Land: No
  • Property Type: D
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 2015
Utilities
  • Electric: True
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well
  • Other Equipment: Internet Access Available, Cable
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Clapboard, Wood Frame
  • Roof: Shingle
Interior Features
  • Basement: None
  • Flooring: Tile
  • Cooling: None
  • Heating: Baseboard
  • Foundation Details: Slab
  • # Floors: 1
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: No
  • Heating YN: Yes

Property History for 7 Island Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7 Island Lane

This home is within Edgecomb Public Schools.
Rating
School
Type
Grades
Distance
Edgecomb Eddy School
Public - PK to 6
Center For Teaching & Learning
Private - K to 8
Sheepscot Valley Children's House
Private - PK to 1
Wiscasset Christian Academy
Private - K to 12
Rating
School
Distance
Edgecomb Eddy School
PublicPK to 6

Center For Teaching & Learning
PrivateK to 8

Sheepscot Valley Children's House
PrivatePK to 1

Wiscasset Christian Academy
PrivateK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 7 Island Lane, Edgecomb, ME 04556

7 Island Lane is a mixed use property for sale in Edgecomb, ME 04556. This property was listed for sale on March 21, 2024 by Tim Dunham Realty, it's currently listed at $315,000. This listing's school district is Edgecomb Public Schools. Nearby schools include Edgecomb Eddy School, Center For Teaching & Learning and Sheepscot Valley Children's House. 7 Island Lane is a 0-bed, 0-bath, 1,162 sqft mixed use property built in 2015.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Tim Dunham Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.