Ideal Retail, Restaurant or Office Location Near Lakes Region

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30556899
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Service Station/Gas Station, Street Retail, Vehicle Related
Building Size (RSF): 2,790 SF
Gross Building Area: See Agent
Gross Land Area: 0.24 Acres
Sale Price: $220,000
Unit Price: $78.85 PSF
Property Use Type: Vacant/Owner-User
Building Name: 357 Sebago Lake Rd
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/20/2020

Overview / Comments

Ideal location for new commercial business offering excellent visibility on heavily traveled Route 237 and located in between Gorham and Windham in heavily populated area. Bring your imagination to reconfigure former retail store into nail/hair salon, cafe /deli, convenience store, jewelry or shoe repair, laundromat or drycleaners or any of several commercial uses allowed in RC (Roadside Commercial) zone.

Additional Details

Nearest MSA: Portland-South Portland-Biddeford
County: Cumberland
Tax ID/APN: 89-2-1
Zoning: ROADSIDE COMMERCIAL
Retail Clientele: General
Property Located Between: Windham and Gorham
Property Visibility: Excellent
Largest Nearby Street: Route 237 (Sebago Lake Road)
Highway Access: Close to Westbrook exit of I-95
Airports: Close to Portland Jetport
Site Description: Parking: Ample on site HVAC: Forced Hot Air/Oil Const.Type: Wood Frame
Area Description: Ideal location in between Gorham and Windham and just minutes to Westbrook and Lakes region
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,790 SF
Property Condition: Average
Year Built: 1950
Year Renovated: 2018
Roof Type: Arched
Construction/Siding: Vinyl Siding, Wood Shingle
Parking Type: Surface
Parking Description: 10+ parking spaces in front and side of building (more might be possible)
Heat Type: Oil
Heat Source: Wall Units
Zoning Description: RCD - Roadside Commercial District
Lot Frontage: 150
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,560 7,600 22,013
Median Age: 40.06 39.01 38.32
Households: 556 2,563 7,804

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