Catylist ID:
#30831506
| Catylist Listing ID: | 30831506 |
| Property Subtypes: | Flex Space, Free-Standing, Mixed Use, Light Industrial, Office Showroom, Other |
| Building Size (RSF): | 7,225 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.50 Acres |
| Sale Price: | $1,475,000 |
| Unit Price: | $204.15 PSF |
| Ceiling: | 17.8 ft. Clear |
| Drive In Bays: | 3 Bays |
| Property Use Type: | Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 6/5/2023 |
Overview / Comments
|
This property offers unparalleled visibility situated on a hill between US Route 1 and I-295. Perfect for an owner/user or an investor, the three-building portfolio has two tenanted buildings with the third vacant. The vacant building is a new construction industrial building, formally the home of New Meadows Marine Boat Sales. The building has a large showroom with a 12’ overhead door, a private office, a closed off reception area/office, two bathrooms, and a large warehouse with a mezzanine and two 16’ overhead doors, as well as an extensive laydown area and ample parking. Three buildings on 1.5 acres directly across from the "Big Indian" Excellent visibility situated between I-295 & U.S. Route 1 One mile from Exit 17 of I-295 Building 1 (937 sf) - Tenanted by Equine Veterinary Service Building 2 (4,800 sf) - Perfect for owner/user Building 3 (1,488 sf) - Tenanted by Casco Bay Totes Adjacent to South Freeport businesses including Casco Bay Yacht Sales, Dimillo's Freeport Yacht Sales, East Coast Yacht Sales, True Value, Buck's Naked BBQ, Cold River Distillery, Napa Auto Parts, and more. |
Attachments & Media
Financials
| Finance Data Year | 2023 |
|---|---|
| Real Estate Taxes - Annual($) | $10,970 (Annual) |
Current Tenants
| Tenant Business Name | Casco Bay Totes |
| Tenant Business Name | Equine Veterinary Service |
Additional Details
| Nearest MSA: | Portland-South Portland |
| County: | Cumberland |
| Taxing Authority: | Town of Freeport |
| Tax ID/APN: | Map 26, Lot 38 |
| Zoning: | C1 |
| Property Located Between: | US Route 1 and I-295 |
| Highway Access: | I-295, Exit 17 |
| Airports: | Portland Jetport |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 3 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Roof Type: | Gable |
| Construction/Siding: | Steel Frame, Wood Frame |
| Parking Type: | Surface |
| Heat Source: | Heat Pump |
| Zoning Description: | Commercial 1 |
| Water Service: | Municipal |
| Sewer Type: | Municipal, Septic |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 651 | 9,714 | 21,607 |
| Median Age: | 31.05 | 46.08 | 45.31 |
| Households: | 327 | 4,134 | 8,789 |
Contact
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