Mixed Use Property with Redevelopment Potential
Retail-Commercial
for Sale
| Catylist Listing ID: |
30823451 |
| Property Subtypes: |
Free-Standing Building, Mixed Use
|
| Building Size (RSF): |
5,700 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$895,000 |
| Unit Price: |
$157.02 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/15/2023 |
Overview / Comments
|
5,700+/- SF mixed use property located in southern Maine on a busy commuter route. The main floor of the building consists of a large retail space. The second floor offers additional commercial space as well as an apartment that could be owner occupied or rented for additional income. Set on over 1.7 acres with room to expand the existing building footprint, this property lends itself to many potential uses and/or redevelopment.
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$6,479 (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Tax ID/APN: |
49/59 |
| Zoning: |
RESIDENTIAL COMMERCIAL |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
400 |
| Site Description: |
Located in southern Maine on a busy commuter route with convenient access to the Maine Turnpike. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Built: |
2002 |
| Parking Type: |
Surface |
| Parking Description: |
Private parking lot |
| Heat Type: |
Oil |
| Heat Source: |
Other |
| Air Conditioning: |
Window Unit |
| Lot Frontage: |
440 |
| Water Service: |
Well |
| Sewer Type: |
Septic |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
29,666 |
53,976 |
| Median Age: |
41.12 |
42.55 |
| Households: |
13,107 |
23,165 |
|
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