Seller financing for Prime Brewer commercial building

Office for Sale
Catylist Listing ID: 30852573
Property Subtypes: Business Park, Executive Suites, Flex Space, Office Building, Research & Development, Other
Building Size (RSF): 17,000 SF
Gross Building Area: See Agent
Gross Land Area: 3.50 - 3.60 Acres
Sale Price: $1,250,000
Unit Price: $73.53 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/17/2024

Overview / Comments

22 Atlantic Ave comprises over 17000+/- sf of space on 3.5 +/- acres in Brewer, Maine. Location is close to all major highways including I 395 which links with I 95 North and South.

The former tenant, Eagles Club is prepared to lease the bottom level (restaurant, bar meeting room) for $2500/month NNN. The top floor is ideal for offices, gym club, storage-warehousing. In addition the 3.5 acres of paved level land is available for additional development .

Seller will offer financing with 20% down on favorable terms to qualified buyers.

Additional Details

Nearest MSA: Bangor
County: Penobscot
Taxing Authority: City of Brewer
Tax ID/APN: 49-5-A
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1976
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: On sie paved
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: Industrial/commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,055 34,938 53,766
Median Age: 38.29 38.74 39.13
Households: 3,015 15,770 23,358


Photograph of Listing Agent

Robert Baldacci

FO Bailey Real Estate
NECPE Member
Photograph of Listing Agent

David J Jones

F.O. Bailey Real Estate
NECPE Member
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