Residential & Commercial - 2 Buildings +6 Acres

Retail-Commercial for Sale
Catylist Listing ID: 30827884
Property Subtypes: Day Care Facility, Garden Center, Mixed Use, Restaurant, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 7,930 SF
Gross Land Area: 6 Acres
Sale Price: $1,000,000
Unit Price: $126.10 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Income Producing Gem!
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/6/2023

Overview / Comments

Beautiful mix used property with 2.5 story residential home, a business and 6510 commercial/retail space.

Residential -1,420sf 5 Br 1.5 Ba with rental income, hard wood floors through out, mountain views from kitchen window and bonus full attic that has been sheet rocked.

Commercial - 6,510 sf total:
a.) Existing business, Limerick Transmission, is included in the sale price with equipment, inventory (negotiable) and data base.
b.) Vacant shop/retail space 3,360 sf, had previously leased as an antique shop and retail.

Other uses: multi family, venue/retreat, hotel/B&B, day care, auto related

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $4,532 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Taxing Authority: Town of Limerick Maine
Tax ID/APN: 31150_22-51
Zoning: BUSINESS DISTRICT (BUS)
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Route 111 and Sokokis Lake
Property Visibility: Excellent
Largest Nearby Street: Main Street & Route 111
Feet of Frontage: 300
Highway Access: 40 minutes to Biddeford highway access.
Airports: 1 hour to Portland Jetport
Site Description: 2 buildings on 6 cleared gentle sloping acres.Peaceful country like setting with nice visibility.
Area Description: Boat launch within 3 min drive to Sokokis Lake. Two nearby mountain peaks Sawyer andwith hiking,walking and snowmobile trails. village setting with a few restaurants, stores, churches, and near by working apple and berry orchards.
Total Number of Buildings: 2
Number of Stories: 25
Property Condition: Good
Year Built: 1900
Year Renovated: 2000
Roof Type: Gable
Construction/Siding: Vinyl Siding
Total Parking Spaces: 40
Parking Type: Surface
Parking Description: paved with additional gravel
Sprinklers: None
Heat Type: Oil
Heat Source: Baseboard, Wall Units
Internet Access: Cable
Lot Frontage: 300
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Map/Lot 22/51

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,892 9,981
Median Age: 39.48 37.75
Households: 1,100 3,682

Contact

Photograph of Listing Agent

Suzanne M. McKechnie

Investcomm Commercial Group
NECPE Member
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