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117 Vaughn Rd - Brown's Mill Historic Rehab Opportunity 63,000 SF Specialty Building Offered at $1,115,340 CAD in Dover-Foxcroft, ME 04426
INVESTMENT HIGHLIGHTS
- Classic Historic Mill Property at Scenic Riverfront Location
- Eligible for Maine's Tax Increment Financing (TIF) Prorgam with Possible 75% to 90% Property Tax Reduction
- Eligible for Federal and State Historic Tax Credits, and Low Income Housing Tax Credits,
- Brownfield studies completed in 2024
EXECUTIVE SUMMARY
Dover Foxcroft is approximately 42 miles north of Newport on Route 7 where I-95 crosses through the region. It is on the preferred route to Greenville and the Moosehead Lake Region from both Portland/Augusta and Waterville to the south and Bangor to the northeast.
Dover Foxcroft is the home of the Foxcroft Academy which is both a regional high school and a private academy. (Approximately 325 public students and 75 private students) The Town has recently been the recipient of public and private grants allowing for the construction of both a two acre indoor sports arena and and a separate state-of-the-art indoor hockey rink. These facilities are unparalleled in the state of Maine for pre-college sports
Dover Foxcroft is a sub regional center with a local hospital Part of three Northern Light Health systems, a shopping center, including a Hannaford's grocery store, fast food outlets, and numerous other retail outlets and services. There is a community center with an indoor swimming pool.
Dover Foxcroft is the home of the Foxcroft Academy which is both a regional high school and a private academy. (Approximately 325 public students and 75 private students) The Town has recently been the recipient of public and private grants allowing for the construction of both a two acre indoor sports arena and and a separate state-of-the-art indoor hockey rink. These facilities are unparalleled in the state of Maine for pre-college sports
Dover Foxcroft is a sub regional center with a local hospital Part of three Northern Light Health systems, a shopping center, including a Hannaford's grocery store, fast food outlets, and numerous other retail outlets and services. There is a community center with an indoor swimming pool.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,115,340 CAD | Lot Size | 2.80 AC |
| Price Per SF | $17.70 CAD | Building Size | 63,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 5 |
| Sale Condition | Redevelopment Project | Year Built/Renovated | 1846/1912 |
| Property Type | Specialty | Parking Ratio | 1.25/1,000 SF |
| Building Class | C | ||
| Zoning | VILLAGE - VILLAGE | ||
| Price | $1,115,340 CAD |
| Price Per SF | $17.70 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 2.80 AC |
| Building Size | 63,000 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1846/1912 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | VILLAGE - VILLAGE |
AMENITIES
- Waterfront
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117 Vaughn Rd - Brown's Mill Historic Rehab Opportunity
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