Major in-town Corner For Lease/Sale

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30461938
Property Subtypes: Free-Standing Building, Garden Center, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 3,750 SF
Gross Land Area: 1.10 Acres
Sale Price: $1,950,000
Unit Price: $520 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Usable Size (USF): 3,750 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/3/2019

Overview / Comments

Well-built building with excellent street visibility and traffic signal on the corner of Sabattus St & East Ave. Existing large pylon sign facing intersection.
High traffic count, major commuter route and in-town driving routes as well.
Over 450' of frontage.
Across the street from a new and large gas station development with a popular lunch spot within. Also across the street from two national pharmacy chain stores.
Fuel tanks to be pulled out and canopy to be taken down.

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: RE00010823
Zoning: COMMUNITY BUSINESS DISTRICT
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Lot Frontage: 470'

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,995 50,124 60,410
Median Age: 34.2 37.03 38.43
Households: 6,679 21,274 25,534

Contact

Photograph of Listing Agent

Dustin Boutin

Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
NECPE Member
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