Unique Turn-Key Garden Center with Developable Land for Sale

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30851654
Property Subtypes: Mixed Use
Building Size (RSF): 8,715 SF
Gross Building Area: See Agent
Sale Price: $2,200,000
Unit Price: $252.44 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/9/2024

Overview / Comments

Spectacular investment property in the village of Blue Hill, an appealing coastal town with several good harbors for commercial and recreational vessels. With close proximity to Mount Desert Island, Ellsworth and Bar Harbor it is currently a year-round garden center (of 40+ years) with plenty of land to expand or develop. Blue Hill is an affluent and growing community with continued development along South Street. This area has no applicable zoning and you are able to skip to a town commercial site plan review. This well-kept property has underground power with 3-phase at the street as well as fiber optics to building and a boardwalk abutting the property. It’s on public sewer and has two large, drilled wells with an automatic generator for all buildings and frost-free hydrants. Improvements include a residential house (1100+/-SF), retail store (2650+/- SF), state-of-the-art automated/radiant floor glass greenhouse (2625+/-SF), industrial metal building (2100+/-SF) and other outbuildings. The business has decades of impeccable relationships with vendors and dependable, generational customers. All assets are included and inventory is negotiable to time of year. Owners are retiring and happy to help to transition this successful, turnkey property or bring your own ideas for developing this prime real estate. Partial owner financing optional.

Additional Details

Nearest MSA: Bangor
County: Hancock
Tax ID/APN: 014-007
Zoning: NO APPLICABLE ZONING
Retail Clientele: General, Business
Property Visibility: Excellent
Parking Description: 25+ Retail and 8 Employee Parking
Lot Frontage: 350

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,686 5,348
Median Age: 49.29 48.5
Households: 1,279 2,481

Contact

Photograph of Listing Agent

Lisa Church

BOOM Realtors/KW Commercial at Keller Williams Coastal Realty
NECPE Member
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