16 Arc road, Eliot, Maine

Retail-Commercial for Sale
Catylist Listing ID: 30866428
Building Status: Proposed
Building Size (RSF): 3,762 SF
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: 4/11/2024

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.

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.

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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

Contact

Photograph of Listing Agent

Jaylan Archer

Keller Williams Coastal and Lake & Mountains Realty
NECPE Member
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