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8 Emery Corner Road, Limerick, ME, 04048

2beds
2baths
2,064sqft
$650,000
$315price/sqft
$4,278/moest. monthly cost
$171,120/yrincome needed

About This Home

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.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

5/10
Line Elementary SchoolGrades PK-54.0 mi
6/10
Massabesic Middle SchoolGrades 6-89.2 mi
4/10
Massabesic High SchoolGrades 9-1211.6 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Masonry,Wood Frame,Clapboard

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other,Ranch
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Laundry - Coin

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Walk-Out Access,Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • One-Floor Living
  • Flooring: Carpet,Laminate,Vinyl
  • Finished area below ground: 840
  • Finished area above ground: 1,224

Heating & Cooling

  • Heating features: Baseboard,Direct Vent Heater,Hot Water,Zoned
  • Cooling features: None

Interior Area

  • Total structure area: 2,064
  • Total interior livable area: 2,064 sqft

Property

Details

  • Zoning: Village

Features

  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Sokokis Lake
  • Frontage length: Waterfrontage: 220,Waterfrontage Owned: 220

Lot

  • Lot size: 0.30 Acres
  • Features: City Lot,Corner Lot,Level

Parking

  • Parking features: Paved,21+ Spaces