Commercial Retail Space

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30618523
Property Subtypes: Free-Standing Building, Mixed Use
Status: Pending
Building Size (RSF): 1,075 SF
Gross Building Area: See Agent
Sale Price: $135,000
Unit Price: $125.58 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/13/2021

Overview / Comments

This 1,100-square foot facility currently houses a green-screen studio in a single-story building. The building offers the durability and connectivity of a modern structure while sitting in the picturesque and historic town of Waterville, Maine. This unique opportunity provides a future focused production company all the things they need, while minimizing the things they don’t. High rent, metro aggravation, risks of crowds, crime…. all minimized in a way that improves your stress level & life.Waterville Maine is now home to a thriving arts scene centered around a revitalized arts district that sits only blocks away from this property. Colby College has invested $100 million in the adjacent Downtown area. Across the street is the Hathaway Creative Center, a multipurpose facility supporting arts, recreation, and emerging business in Waterville. The rebirth of downtown Waterville has been a city priority for almost a decade, and its now grown to be a destination center for the arts and culinary scene. You’ll have access to other members of the art community and budding professionals through Waterville Creates, Maine Film Center, Common St. Arts, and Waterville Main St. The Maine International Film Festival has also made its home in Waterville for more than two decades. Your new office is only 1,000 feet from the banks of the Kennebec River where you can watch the eagles and ospreys hunt and nest along one of Maine’s most scenic waterways. When the work is done, you’re just minutes from the mountains, Belgrade Lakes or the open ocean. You’ll have no trouble finding your work-life balance here in Waterville. Choose your place to live instead of having to work where you are. Portland, Lewiston, Bangor, and the coast are less than an hour away from this location. This property offers professional flexibility, cultural availability, and the ability to operate either remotely or as part of a growing Downtown Arts environment. This is an ideal location for a small operation that’s looking to grow or an established firm that’s ready to make a move to positive change.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $1,858 (Annual)

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: WAVL-000044-000000-000283
Zoning: COMMERCIAL
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1980
Roof Type: Other
Construction/Siding: Aluminum Siding
Total Parking Spaces: 10
Heat Type: Natural Gas
Heat Source: Other
Lot Frontage: 98.6
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,724 25,835 31,489
Median Age: 39.09 40.23 40.73
Households: 3,905 10,727 13,044
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