104 Lincolnville Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30462975
Property Subtypes: Free-Standing Building
Building Size (RSF): 10,734 SF
Gross Building Area: See Agent
Gross Land Area: 1.15 Acres
Sale Price: $695,000
Unit Price: $64.75 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: 104 Lincolnville Avenue
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/18/2019

Overview / Comments

10,734± SF fully-leased retail building with two apartments on 1.15± Acres

Located at the intersection of Route One and Lincolnville Avenue and directly across from Hannaford Supermarket in Belfast.

Leased to Family Dollar and H&R Block

Excellent investment opportunity

9.8% Cap Rate on current income

Sale Price: $695,000

Additional Details

Nearest MSA: Bangor
County: Waldo
Submarket/Township: Bangor/Brewer
Taxing Authority: Town of Belfast
Tax ID/APN: 010-021
Zoning: ROUTE 3 COMMERCIAL DISTRICT
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Route One
Airports: Bangor International
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1988
Year Renovated: 1999
Construction/Siding: Steel Frame
Parking Type: Surface
Parking Description: Ample on-site, paved parking
Zoning Description: Route 3 Commercial District
Lot Frontage: 140

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,250 6,668 11,469
Median Age: 47.82 46.95 47.15
Households: 669 3,049 5,233

Contact

Photograph of Listing Agent

Christopher Paszyc, CCIM, SIOR

The Boulos Company NECPE Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.