Brown's Mill Historic Rehab Opportunity

63,000 SF Specialty Building Offered at $1,660,000 in Dover Foxcroft, ME 04426

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,660,000

Property Type
Specialty
Square Feet
63,000 SF
Price / Square Foot
$26

Listing Contacts

Anthony Armstrong
Anthony Armstrong
Verified Profile
  • Property Info

Property Overview

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.

Property Details

Year Built/Renovated
1846/1912
Stories
5
Lot Size (sq. ft)
121,968 SF

Highlights

  • Classic Historic Mill Property at Scenic Riverfront Location
  • Eligible for Federal and State Historic Tax Credits, and Low Income Housing Tax Credits,
  • Eligible for Maine's Tax Increment Financing (TIF) Prorgam with Possible 75% to 90% Property Tax Reduction

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