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: 6/16/2022

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.

Attachments & Media

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

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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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