Retail Investment Property / For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30813396
Property Subtypes: Mixed Use, Other
Building Size (RSF): 26,464 SF
Gross Building Area: See Agent
Gross Land Area: 5.60 Acres
Sale Price: $5,000,000
Unit Price: $188.94 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/22/2023

Overview / Comments

26,464+/-SF fully-leased retail plaza

High visibility on US Route One with traffic counts of 24,840+/- cars/day

Tenants include Tractor Supply Co., Bear Essentials Fitness and Quality Floor Finishers Showroom

100+/- parking spaces & large pylon sign

Cap Rate: 6.24%

2022 Projected NOI: $312,197

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05200_R063003A
Zoning: B3
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Year Built: 1981
Roof Type: Flat
Parking Type: Surface
Parking Description: 100+/- on-site spaces
Sprinklers: Wet
Lot Frontage: 530
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 932 14,329 47,724
Median Age: 61.81 43.55 42.36
Households: 435 5,581 20,395


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