Office/Retail Building
Retail-Commercial
for Sale
| Catylist Listing ID: |
30806936 |
| Property Subtypes: |
Free-Standing Building, Mixed Use
|
| Building Size (RSF): |
3,700 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1 Acre
|
| Sale Price: |
$585,000 |
| Unit Price: |
$158.11 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/29/2022 |
Overview / Comments
|
3,700± SF building in excellent condition directly on US Route 1/Bath Road with an average daily traffic count of 17,670± VPD (MEDOT). Mostly built out as open office space. A portion of the building that was formerly a dentist office has water/drain stubbed to unit. Property will include 1± acre to be divided upon sale. Great Midcoast location for office, healthcare, restaurant/bar, or retail use as well as potential to easily convert second floor back into residential. Based on design, building can be easily opened up for a single user or remain subdivided as a mixed-use property to generate income from multiple tenants. Upgrades since 2009 include new roof, carpet, paint, sub meters to building, electrical, bathrooms, office addition, fiber internet, and sealed concrete under carpet.
|
Additional Details
| Nearest MSA: |
Lewiston-Auburn |
| County: |
Lincoln |
| Tax ID/APN: |
U15-001-A |
| Zoning: |
COMMERCIAL |
| Largest Nearby Street: |
Route 1 |
| Feet of Frontage: |
250 |
| Traffic/Vehicle Count: |
17,670 |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
1980 |
| Year Renovated: |
2009 |
| Parking Description: |
Ample on-site |
| Heat Type: |
Electricity, Other |
| Heat Source: |
Baseboard |
| Lot Frontage: |
250 |
| Water Service: |
Municipal, Well |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
2,293 |
8,771 |
| Median Age: |
44.88 |
44.91 |
| Households: |
894 |
3,613 |
|
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