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About This Home

This 0-bedroom, 0-bathroom commercial at 585 Riverside Drive in Augusta, ME is listed for $949,999 ($635 per sqft). Built in 1930, the home offers 1,497 sqft of living space on a 1.96 acres lot.

Agent Description

The Owner of Riverside Drive Monuments is retiring! If you are in the monument business, you only need to know the price, inventory and the financials for this 50 year old business before you contact your broker to write up the sale! You already know why this significant business has the potential for growth and is soo profitable.

For the rest of you curious enough to read this; if you are in the construction, masonry, or stone trades; or those of you who are savvy investors and buy businesses ... take note, read on, and find more information in the MLS Documents. Like it's monuments, Riverside Drive Monuments has been THE solid monument company serving a 40 mile radius of Central Maine for over 50 years.

When families or institutions need monuments, Riverside Monuments immediately comes to mind to call. According to the Industry and analytics, the Monument business is predicting an increase over the next few years. The Monument business has shown that it is one of the most resilient business models in the US.

it is considered an 'Essential Service' during Shut-Downs, and Moratoriums, and is a Recession Resistant Business. Riverside is operating as a very 'Tradional Memorial' and lucrative company. They have not done any advertising or marketing of it's services except for some church bulletins. They have not needed to! Think how you might increase revenue with some marketing and the introduction of some new trending products. Interested in more information? Call and let's talk.

Key Features

  • Built in 1930
  • 1.96 acre lot

Property Details

1930

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

585 Riverside Drive

Augusta, ME 04330

Property Details

Construction

Shingle Siding Vinyl Siding

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 585 Riverside Drive is listed at $949,999 ($635/sqft). The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 1.96 acre lot.

This property is listed by Anthony Loiko and can be reached at 2072159466 or Tony.loiko@cbrealty.com.

AL

Anthony Loiko

Agent at Coldwell Banker Realty

(207) 215-9466

Listed by Coldwell Banker Realty

MLS# 1659985· Source: listhub· Updated today

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585 Riverside Drive, Augusta, ME 04330

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