Location, Location, Location!

Industrial for Sale
Catylist Listing ID: 30720926
Property Subtypes: Flex Space, Free-Standing, Mixed Use, Light Industrial, Other
Building Size (RSF): 1,536 SF
Gross Land Area: 0.75 Acres
Sale Price: $230,000
Unit Price: $149.74 PSF
Ceiling: 20 ft. Clear
Drive In Bays: 2 Bays
Property Use Type: Business
Usable Size (USF): 1,536 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/10/2021

Overview / Comments

Location, location, location! 1 hour from Portland, 11 minutes from Shawnee Peak, close to town, Hannaford's, restaurants, lakes, the property being sold consists of 2 lots comprising 0.75ac. Great visibility and low taxes! Traffic Count: 9,810Building has 4 floors, including a large commercial/shop space on the first floor and 3 levels of loft/living space above. Plumbed with dug well. Perfect location for: Automotive/Small Engine Repair, Ski & Cycle, Restaurant, Seasonal and Year-round Business. Currently a small engine/auto repair shop with a private apartment being installed above. Seller is extending roofline. Business sold separately. Inquire for terms. Property is sold as is.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Taxing Authority: Bridgton
Tax ID/APN: 05020_0028-0024
Property Located Between: Mt. Henry Road and Water Works car wash. Google Map sends you 1 block too far north
Highway Access: Property is on SR-302.
Airports: Eastern Slope, Maple Ridge
Site Description: Approximately 1/3 of property is undeveloped and under an easement with Central Maine Power.
Area Description: High visibility location just south of town lends itself to easy access to amenities and high traffic counts. DOT AADT: 9,810. Area is close to Shawnee Peak and lakes, and is the gateway to Fryeburg and easy access to N. Conway, NH.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 4
Year Built: 1991
Year Renovated: 2020
Construction/Siding: Wood Siding
Exterior Description: Gray board and batten
Parking Type: Surface
Parking Description: Unf surface
Column Spacing: N/A
Sprinklers: None
Heat Type: Propane
Heat Source: Other
Lighting: Fluorescent
Interior Description: A combination of finished and unfinished space
Zoning Description: Business
Easements Description: Power line: Central Maine Power

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 742 4,848 6,964
Median Age: 45 46.41 46.43
Households: 357 2,099 2,958
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