Mixed-Use Investment Property
Retail-Commercial
for Sale
Sale Pending
| Catylist Listing ID: |
30832104 |
| Property Subtypes: |
Car Wash, Garden Center, Mixed Use, Restaurant, Street Retail, Vehicle Related
|
| Status: |
Pending |
| Building Size (RSF): |
35,500 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
3 Acres
|
| Sale Price: |
$2,100,000 |
| Unit Price: |
$59.15 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
11.0% |
| Last Updated: |
3/21/2023 |
Overview / Comments
|
Mixed-use, multi-tented plaza for sale. Tenants are Gridiron, a well-known and popular restaurant. Hardy's Kitchen & Bath, ASI, MEBeautiful, and Angels Wings. Owner's unit is 5,500 SF of garage space and would do a 6 month leaseback after sale. Current cap rate is 11% and does not include rental income from owner's unit.
|
Additional Details
| Nearest MSA: |
Lewiston-Auburn |
| County: |
Androscoggin |
| Tax ID/APN: |
RE00000279 |
| Zoning: |
GENERAL BUSINESS |
| Lot Frontage: |
570' |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,310 |
37,427 |
63,754 |
| Median Age: |
48 |
36.74 |
38.23 |
| Households: |
598 |
16,131 |
26,912 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
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|
