16 Arc road, Eliot, Maine
Retail-Commercial
for Sale
Sale Pending/Contingent
Catylist Listing ID: |
30866428 |
Status: |
Pending/Contingent |
Building Status: |
Proposed |
Building Size (RSF): |
3,762 SF
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Gross Building Area: |
See Agent |
Sale Price: |
$450,000 |
Unit Price: |
$119.62 PSF |
Property Use Type: |
Business |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
4/28/2024 |
Overview / Comments
Here is your opportunity to get into Southern Maine's cannabis market. Set privately off of Route 236 in Eliot, sits this 8+ acre parcel with existing metal building. The property is approved for either medical and recreational storefronts OR just under 34,000 square feet of a recreational cultivation facility. Being just a few miles away from highway 95, a major commuting route through the heart of Maine, as well as a few additional minutes from the NH and Massachusetts border - this opportunity is rare to find in the cannabis space. Seller would possibly entertain owner financing with 50% down.
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Financials
Finance Data Year |
2024 |
Real Estate Taxes - Annual($) |
$5,276 (Annual) |
Additional Details
Nearest MSA: |
Portland-South Portland |
County: |
York |
Tax ID/APN: |
31090_45-17 |
Zoning: |
RESOURCE PROTECTION/LIMITED COMMERCIAL |
Lot Frontage: |
334 |
Water Service: |
Well |
Sewer Type: |
None |
Easements: |
Ingress/Egress |
Easements Description: |
Arc Road is a private right of way. |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
2,715 |
12,248 |
46,380 |
Median Age: |
44.46 |
46.06 |
40.42 |
Households: |
1,054 |
5,078 |
20,956 |
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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