Maine Med Building for Sale for 9%+ Cap Rate

Office for Sale
Catylist Listing ID: 30854633
Property Subtypes: Medical, Office Building
Building Size (RSF): 4,136 SF
Gross Building Area: See Agent
Sale Price: $699,000
Unit Price: $169 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Undisclosed
Cap Rate: 9.77%
Last Updated: 4/24/2024

Overview / Comments

Welcome to a prime investment opportunity in the heart of Waldoboro, ME. This impressive medical office building boasts 4,136 square feet of versatile space and is currently available for sale. Nestled on a spacious 1.73-acre lot, this property offers a strategic location and exceptional amenities. The current tenant services include Adolescent & Young Adult Medicine, Geriatric Medicine, and Family Medicine, making it an essential hub for a range of medical needs within the community.
The property's medical office designation is well-suited to its current usage, and the 4,136 square feet of interior space provide ample room for medical professionals to serve the community efficiently. Additionally, the generous lot size offers potential for further expansion or development to accommodate future growth.
Don't miss out on this exceptional opportunity to own a prime medical office building that not only aligns with the healthcare needs of the community but also offers a sound financial investment. Contact us today to explore the potential that this property holds for your portfolio and the community at large.

Attachments & Media

Additional Details

Nearest MSA: Augusta-Waterville
County: Lincoln
Tax ID/APN: U10-24
Zoning: 19

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,886 6,886
Median Age: 45.07 44.49
Households: 1,307 3,025

Contact

Photograph of Listing Agent

Josh Soley, SIOR, CCIM

Maine Realty Advisors
NECPE Member
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