Catylist ID:
#30876887
Multi use building with 5 leaseable units
Industrial
for Sale
| Catylist Listing ID: | 30876887 |
| Property Subtypes: | Flex Space, Industrial-Business Park, Mixed Use, Light Industrial |
| Building Size (RSF): | 8,100 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $850,000 |
| Unit Price: | $104.94 PSF |
| Ceiling: | 14 ft. |
| Docks/Doors: | 3 Doors |
| Office SF: | 1,000 SF |
| Drive In Bays: | 3 Bays |
| Property Use Type: | Investment, Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 8/28/2024 |
Overview / Comments
|
Discover a Unique Investment Opportunity in Lebanon, Maine Welcome to 6 & 10 Flat Rock Bridge Road, a premier property offering versatility and potential. This exceptional real estate asset spans over 4.6 acres and features three distinct buildings encompassing more than 8,000 square feet of prime commercial space. Recently operated as a licensed medical cannabis grow and retail facility, this property presents an incredible investment opportunity with numerous possibilities. Features of the property include: Extensive Building Space: With three buildings and a total of 5 separate units, this expansive property provides ample room for a wide range of business or developmental uses. Each unit is thoughtfully designed to accommodate various needs, whether for continued use as a cannabis facility or conversion to alternative commercial purposes. Strategic Location: Nestled adjacent to a 273-site campground, this location benefits from significant foot traffic and high visibility. Additionally, being less than a mile from the New Hampshire border offers excellent access and exposure to neighboring markets. Licensed and Operational: The property was recently utilized as a licensed medical cannabis grow and retail facility, showcasing its adaptability and compliance with industry regulations. This setup not only provides a turnkey business opportunity but also highlights the facility's robust infrastructure and operational readiness. Expansive Acreage: The generous 4.6-acre lot allows for future expansion or redevelopment, making it a flexible investment for long-term growth. The proximity to the campground and regional attractions further enhances its appeal. Strategic Advantages: The close proximity to the New Hampshire border provides a unique advantage for businesses seeking cross-border clientele and opportunities. The surrounding area's growth potential makes this property a compelling choice for forward-thinking investors. |
Attachments & Media
Financials
| Finance Data Year | 2024 |
|---|---|
| Real Estate Taxes - Annual($) | $6,693 (Annual) |
Additional Details
| Nearest MSA: | Portland-South Portland |
| County: | York |
| Tax ID/APN: | R05-20 & 21 |
| Zoning: | GENERAL PURPOSE |
| Property Located Between: | River Road and New Hampshire border |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 3 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 2,500 SF |
| Property Condition: | Good |
| Year Built: | 1970 |
| Roof Type: | Gable |
| Construction/Siding: | Vinyl Siding |
| Parking Type: | Surface |
| Parking Description: | Large paved area for plenty of opportunity for parking |
| Total Parking Spaces: | 25 |
| Column Spacing: | 45 |
| Sprinklers: | None |
| Amps: | 400 |
| Heat Type: | Electricity, Oil |
| Heat Source: | Wall Units, Heat Pump |
| Air Conditioning: | Package Unit |
| Lighting: | LED, Fluorescent, Incandescent |
| Internet Access: | Cable |
| Zoning Description: | General Purpose |
| Lot Frontage: | 925 |
| Lot Depth: | 400 |
| Water Service: | Well |
| Sewer Type: | Septic |
| Easements: | Other |
| Easements Description: | Small easement for access to a cemetery on site |
| Land Ownership: | Fee simple |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,580 | 13,001 | 35,731 |
| Median Age: | 41.2 | 41.19 | 39.9 |
| Households: | 639 | 5,432 | 14,260 |
| © Copyright 2024 Moody's. All Rights Reserved. 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. |
