104 Lincolnville Avenue

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30462975
Property Subtypes: Free-Standing Building
Status: Pending/Contingent
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: 1/13/2021

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
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

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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


Photograph of Listing Agent

Christopher Paszyc, CCIM, SIOR

The Boulos Company NECPE Member
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