Lot # 1 Bay Road Subdivision

Office for Sale
Catylist Listing ID: 30867347
Property Subtypes: Executive Suites, Office Building
Building Size (RSF): 3,540 SF
Gross Building Area: See Agent
Sale Price: $775,000
Unit Price: $218.93 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/3/2024

Overview / Comments

This is a very well-appointed single-story building currently configured as professional offices. The building is currently rented and occupied. The site offers superb visibility on Rt. 302 and is just a few minutes' walk to the Naples Causeway.

The property is located in the Village District. This zone offers a mixture of residential and commercial uses. There may be an opportunity to incorporate a residential use for this building or a portion thereof, subject to Town of Naples Planning Board review and approval.

This property has a ROW for vehicular and foot travel from Rt. 302 to the waters of Brandy Pond, over and across the Bay Road, so-called, and a continuation thereof as, appears on a plan (copy included in other documents attached), together with a right to dock, moor and keep a boat at said shore and bathing privileges.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Taxing Authority: Naples
Tax ID/APN: 692RooseveltTrailNaples<Maine04055
Zoning: VILLAGE ZONING
Construction/Siding: Wood Siding
Heat Type: Oil
Heat Source: Baseboard
Internet Access: Fiber Optic
Interior Description: Well-appointed professional offices throughout.
Zoning Description: Village District allows residential, commercial and mixed uses.
Water Service: Well
Sewer Type: Septic
Easements: Ingress/Egress, Water Rights

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,353 8,445
Median Age: 42.13 43.62
Households: 2,174 3,547

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