Industrial / Retail - Main Street!

Industrial for Sale
Catylist Listing ID: 29847585
Property Subtypes: Cold Storage, Food Processing, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution
Building Size (RSF): 6,800 SF
Gross Building Area: 5,800 SF
Gross Land Area: 1.38 Acres
Sale Price: $550,000
Unit Price: $80.88 PSF
Ceiling: 16 ft. / 12 ft. Clear
Docks/Doors: 1 Door
Property Use Type: Vacant/Owner-User
Building Name: Shaker Pond Lots 201 & 202
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/1/2024

Overview / Comments

Industrial & Retail! Recently used as an ice cream manufacturing and retail shop, and formerly a tavern/ bar and restaurant lends this industrial building to be very versatile. A great opportunity!
1st floor: 5516 +/- SF with great road side appeal and 120 +/- Ft of frontage on Main Street, US Route 109.
2ns Fl has 2 large rooms wit kitchenette and bathroom with shower an d large storage.
This property abuts Walmart parking lot giving prime business visibility and volume. With this purchase there is included a 2nd lot, a vacant gravel parking lot. This property would make for a auto/motor sports showroom and outside sales! Also great for brew pub, distillery, box store, convenience store, pharmacy, combo deli grocer/bakery, or gas station. Create a co-op for shared kitchen, production & packaging space!
Neighbors are Walmart and Lowes,self storage, nearby are Cancer Care Center, Tractor Supply and Seacoast Career School. It is situated across from the Sanford Seacoast Regional Airport and also within 3 miles of new (2018) high school and technology center.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Taxing Authority: Sanford
Tax ID/APN: 19/201-202
Zoning: IB INDUSTRIAL BUSINESS
Market Type: Medium
Property Located Between: Intersection of 109/Main Street and US Route 99
Road Type: Paved
Transportation: Bus, Airport, Taxi
Highway Access: Route 109 leads South to Wells turnpike 5 min, and Route 99 leads south east to Kennebunk Me 10 min.
Airports: Sanford Seacoast Regional Airport
Site Description: Highly visible, excellent site distance, level, open gravel and paved lots.
Area Description: Property is located in South Sanford near residential development and industrial parks, Lowes, Walmart and Super 8.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 5,516 SF
Property Condition: Good
Year Built: 1965
Roof Type: Domes
Construction/Siding: Brick/Vinyl Siding
Exterior Description: Grand front view with lots of windows, ascetically appealing for retail or show room with plenty of outside display and parking area.
Parking Type: Surface
Parking Description: Gravel
Total Parking Spaces: 45
Heat Type: Propane
Heat Source: Wall Units
Interior Description: 1st Floor 3 large open spaces, 2 large restroom (fixtures removed) 2 small operating restrooms. Floor drains hood system (removed). 2nd Floor 2 large open areas, bathroom , kitchenette as part of 1 of the open rooms, large storage and deck.
Zoning Description: Industrial Business
Lot Frontage: 120
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: owned
Legal Description: Map/Lot 19/201 Book/Page 15310/670 Map/Lot 19/202 Book/Page 13653/173

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,666 8,278 25,295
Median Age: 41.48 41.2 41.9
Households: 678 3,328 10,222

Contact

Photograph of Listing Agent

Suzanne M. McKechnie

Investcomm Commercial Group
NECPE Member
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