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About the Listing 1039 - 014512
Positioned on the shores of beautiful Sokokis Lake in the heart of Limerick, this rare mixed-use opportunity offers the perfect blend of lifestyle, income, and future potential. Zoned business/residential, this versatile lakefront property features two fully occupied rental units along with an established on-site laundromat creating multiple streams of revenue in a highly visible, prime location. The property has seen extensive updates throughout, including newer windows and doors, updated electrical panels and wiring, and on-demand tankless hot water systems. The roof has been replaced in phases, with half completed approximately three years ago and the remaining portion several years prior offering peace of mind for years to come. Unit A (Upper Front) is a thoughtfully designed studio, completely renovated approximately four years ago with all-new finishes at the time. Unit B (Lower Rear) was recently refreshed (July-Sept 2025) and features new flooring throughout, updated plumbing, a new stove, fresh paint, and replacement windows. Both units include dimmable lighting, adding a modern touch and enhanced comfort. The laundromat provides steady income and includes a utility room housing independent systems for heat, hot water, and security. There is also flexibility to expand--whether growing the laundromat operation or increasing residential space-- with approximately 30% expansion potential available under current zoning. Set on deep water frontage, the property boasts a private dock, swim area, and small beach access point--perfect for enjoying Maine summers. Spectacular lake views enhance both tenant appeal and owner enjoyment. Conveniently located within walking distance to local amenities--including dining, coffee shops, and more. This property combines small-town charm with everyday accessibility. Whether you're an investor seeking strong income potential or an owner-occupant looking to live and work by the water, this unique property delivers on all fronts.
Listing Highlights
Status
Active
Days on Site
10
Property Type
Commercial Sale
MLS ®
1655281
Year Built
1950
Total Square Footage
960
Lot/Acreage
0.3
County
York
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Zoned,Hot Water,Direct Vent Heater
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Walk-Out Access,Finished,Full
- Other:
- Water: Public
Exterior Details
- Lot Description: Waterfront,Deep Water Access,Business District,Near Shopping
- Garage Capacity: N/A
- Zoning: Village
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: 21+ Spaces,On Site,Paved
Financial Details
- Tax Amount: $4,014
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
8 Emery Corner Rd Limerick, ME 04048
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