Investment Opportunity / For Sale

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30876085
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub, Other
Status: Pending
Building Size (RSF): 5,500 SF
Gross Building Area: See Agent
Sale Price: $1,300,000
Unit Price: $236.36 PSF
Ceiling: 20 ft.
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2024

Overview / Comments

5,500+/- SF RETAIL CONDO

Convenient location in Windham in the Shops of Sebago retail/service center

High visibility on Route 302 with traffic counts of 15,210 cars/day (AADT, 2022)

Current tenant is Stockhouse Restaurant & Sandbar Pub. See Broker for Lease details

Ample on-site parking

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05250_014009B10000
Zoning: C1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: Roosevelt Trail
Feet of Frontage: 654
Traffic/Vehicle Count: 15,210
Highway Access: US Route 302
Airports: Portland International Jetport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 2004
Construction/Siding: Wood Frame
Total Parking Spaces: 60
Parking Type: Surface
Parking Description: in common with other tenants
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Lot Frontage: 654

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,866 11,972 18,875
Median Age: 40.68 38.07 39.01
Households: 778 4,426 7,199

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