Development Commercial Wharf Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30147867
Property Subtypes: Mixed Use
Building Size (RSF): 2,408 SF
Gross Building Area: See Agent
Gross Land Area: 0.46 Acres
Sale Price: $780,000
Unit Price: $323.92 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/11/2017

Overview / Comments

6 Ocean Avenue Baypoint offers 274 feet of water frontage. This commercial wharf development opportunity offers existing permitting, pier plans, & pre-existing pier/building drawings (pre-existing wharf and building dimensions attached). Westerly facing, oceanfront complex in picturesque Bay Point community at the mouth of the Kennebec. Currently there is only one operating wharf that offers a boat refueling station in Georgetown. There have been comments that another refueling station will be beneficial for boaters. Directly across from Fort Popham, Popham Beach, BIW battleship exposure, Spinney’s Restaurant, this is a great development opportunity. This property also offers a 3 bedroom, 2 bath 1500+/-SF house 45 feet from high water and a 908+/- SF cottage 6 feet from high water line with private decks, recreational floating dock with aluminum ramp, porches, and sun rooms (possible rehab necessary).

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Sagadahoc
Tax ID/APN: 1U/049/51,25,50
Zoning: 16-SL
Feet of Frontage: 274
Traffic/Vehicle Count: 670
Site Description: 6 Ocean Avenue Georgetown - Westerly facing, oceanfront complex in picturesque Bay Point community at the mouth of the Kennebec.
Area Description: 6 Ocean Avenue Georgetown - Westerly facing, oceanfront complex in picturesque Bay Point community at the mouth of the Kennebec.
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Fair
Year Built: 1900
Parking Type: Surface
Parking Description: 10 Spaces On Site
Heat Type: Electricity
Heat Source: Baseboard
Zoning Description: 16-SL
Lot Frontage: 274 Feet
Water Service: Well
Sewer Type: Septic

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,132 2,216
Median Age: 53.46 49.8
Households: 510 963
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