Commercial Income Property

Office for Sale
Catylist Listing ID: 30646639
Property Subtypes: Office Building
Building Size (RSF): 3,264 SF
Gross Land Area: 0.16 SF
Sale Price: $325,000
Unit Price: $99.57 PSF
Property Use Type: Investment
Building Name: Cornshop Brook
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/2/2020

Overview / Comments

2-Story Professional Office Building that consists of four (4) office suites; two (2) on the first floor and two (2) on the second floor.

The Building is located in a prominent location in the Downtown at the corner of Elm Street and Park Street. The property is across the street from the Bridgton Post Office.

The building is ideal for an investor looking for an income producing commercial property.

The property is owned in two (2) deeds. Each deed will be conveyed simultaneously.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Taxing Authority: Bridgton
Tax ID/APN: 2ElmStreetBridgtonMaine04009
Zoning: DOWNTOWN
Property Located Between: Main Street and Bridgton Post Office
Property Visibility: Excellent
Highway Access: Rt. 302
Airports: Fryeburg and Portland
Site Description: Level site with ample paved parking.
Area Description: Downtown area of Bridgton.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,632 SF
Year Built: 1900
Year Renovated: 2010
Roof Type: Gambrel
Construction/Siding: Wood Shingle
Exterior Description: Wood shingle painted gray.
Parking Type: Surface
Parking Description: Paved parking
Sprinklers: None
Heat Type: Electricity
Heat Source: Baseboard
Air Conditioning: Window Unit
Internet Access: Cable
Interior Description: Office suites have carpeting and/or laminent flooring.
Zoning Description: Downtown.
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Ingress/Egress, Utilities
Easements Description: Association Parking.
Land Ownership: Owned.
Legal Description: Map 23, Lot 0-35 and Map 23, Lot 0-35A.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 742 3,094 6,964
Median Age: 45 46.46 46.43
Households: 357 1,381 2,958

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