Prime Downtown Waterville High Profile Corner Location For Lease
Retail-Commercial
for Lease
| Catylist Listing ID: |
30377364 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Street Retail
|
| Contiguous Space: |
1,066 - 4,427 SF |
| Building Size (RSF): |
4,427 SF |
| Gross Land Area: |
0.05 Acres
|
| Lease Rate: |
$7 - 12 PSF (Annual)
|
| Base Monthly Rent: |
$621.83 - 1,692 |
| Lease Types: |
NNN |
| In Opportunity Zone? |
Yes |
| Last Updated: |
4/15/2021 |
Overview / Comments
|
Prime downtown Waterville mixed use retail and office building located at a very high exposure corner at a light. The building can be subdivided into 3 units inclusive of the basement level or any combination between the basement and two upper levels. The owner has plans and drawings to significantly alter the exterior facade of this property so please see attached pdf files that show floor plans and renderings of the proposed exterior renovations. The asking rent assumes the exterior renovations being completed and may also include some level of refit of interior space depending on lease terms.
|
| Level/Floor: |
2 |
| Space Available: |
1,692 SF |
| Max Contiguous: |
4,427 SF |
| Lease Rate: |
$12 PSF (Annual)
$1,692 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
The second floor level is presently layed out as office and features a proposed layout of a large front conference room, a large central reception type area, a kitchenette and 3 private offices. Final layout and finish will be determined on the needs of a tenant. |
| Space Subcategory: |
Flex Space, Office Building |
| Date Available: |
3/1/2021 |
| Space Type: |
Relet |
| Conference Rooms: |
1 |
| Offices |
3 |
| Kitchen |
Yes |
| Tax Expenses |
$3,654 PSF (Annual) |
| Rent Escalators |
Other |
| Rent Escalators Description |
Escalations to be negotiated |
| Level/Floor: |
Basement |
| Space Available: |
1,066 SF |
| Max Contiguous: |
4,427 SF |
| Lease Rate: |
$7 PSF (Annual)
$621.83 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Owner willing to refit the basement level to a tenants needs and final lease rate to be determined on level of build out and length of lease term |
| Space Subcategory: |
Flex Space, Mixed Use |
| Date Available: |
2/1/2019 |
| Space Type: |
Relet |
| Tax Expenses |
$3,654 PSF (Annual) |
| Rent Escalators Description |
rent escalations to be determined pursuant to lease negotiations |
| Level/Floor: |
1 / 1 |
| Space Available: |
1,669 SF |
| Max Contiguous: |
4,427 SF |
| Lease Rate: |
$12 PSF (Annual)
$1,669 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
This storefront is a prime location at the corner of Main and Temple Streets in downtown Waterville. The location benefits from being at a light as well as Temple St being the major artery to get to the waterfront from Main St. The owner will consider doing leasehold improvements to meet a tenants needs subject to terms of lease negotiations |
| Space Subcategory: |
Free-Standing Store, Flex Space |
| Date Available: |
3/1/2021 |
| Space Type: |
Relet |
| Offices |
1 |
| Tax Expenses |
$3,654 PSF (Annual) |
| Rent Escalators Description |
rent escalations to be negotiated |
Additional Details
| Nearest MSA: |
Augusta-Waterville |
| County: |
Kennebec |
| Tax ID/APN: |
Map 48, Lot 417 |
| Zoning: |
CA |
| Retail Clientele: |
General |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Main |
| Highway Access: |
I95 within a few miles of subject property |
| Area Description: |
The property is in the heart of downtown Waterville which at present is undergoing a significant revitalization. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Excellent |
| Year Built: |
1940 |
| Year Renovated: |
2019 |
| Roof Type: |
Flat |
| Construction/Siding: |
Aluminum Siding, Block, Metal/Glass, Wood Frame, Wood Siding |
| Parking Type: |
Other |
| Parking Description: |
No on site parking but plenty of municipal parking nearby |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas, Oil |
| Lot Frontage: |
26 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,249 |
25,835 |
31,489 |
| Median Age: |
39.8 |
40.23 |
40.73 |
| Households: |
4,625 |
10,727 |
13,044 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
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