Mixed-Use Investment Opportunity

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30504192
Property Subtypes: Flex Space, Free-Standing, Mixed Use
Status: Pending/Contingent
Building Size (RSF): 83,059 SF
Gross Building Area: See Agent
Gross Land Area: 24 SF
Sale Price: $6,450,000
Unit Price: $77.66 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Building Name: 15 Lund Road
Sale Terms: Cash to Seller
Cap Rate: 8.24%
Last Updated: 3/19/2021

Overview / Comments

83,059± SF MIXED-USE CENTER ON 24± AC. BUILDING EXPANSION MAY BE POSSIBLE

The OA Sports Center, a state-of-the-art mixed-use complex that offers athletes and fitness-minded individuals access to a fully integrated orthopaedics, sports medicine and physical rehabilitation center.

Tenants include: Spectrum Healthcare Partners OA Centers for Orthopaedics, Maine Jr Volleyball Club, River Rats Athletic Management, Results Engineering, MSL Associates and GymNation

Area businesses include People’s Choice Credit Union, Saco Sport & Fitness and Madden Beverage among others.

Easily accessible off Maine Turnpike Exit 36

Multi-tenanted investment opportunity

$6,450,000

Cap Rate:8.0%

Additional Details

Nearest MSA: Portland-South Portland
County: York
Taxing Authority: City of Saco
Tax ID/APN: 069007001000
Zoning: INDUSTRIAL BUSINESS DISTRICT (I-2)
Highway Access: Easily accessible off Maine Turnpike Exit 36
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1968
Parking Type: Surface
Parking Description: Abundant, on-site paved parking
Column Spacing: 1
Sprinklers: Wet
Amps: 1,200
Volts: 480
X-Phase: 3
Heat Type: Natural Gas
Air Conditioning: Engineered System
Zoning Description: I-2 Industrial Business District
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 32,408 56,532
Median Age: 41.02 42.5
Households: 14,305 24,139

Contact

Photograph of Listing Agent

Gregory W. Boulos

The Boulos Company NECPE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.