Anchored Retail Shopping Center For Sale - 8.5 Cap Rate

Retail-Commercial for Sale
Catylist Listing ID: 30871185
Property Subtypes: Street Retail
Building Size (RSF): 35,836 SF
Gross Building Area: See Agent
Gross Land Area: 2.47 Acres
Sale Price: $1,175,000
Unit Price: $32.79 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/24/2024

Overview / Comments

Offered for sale is Central Plaza, a 35,836 square foot commercial property offering a diverse mix of medical office, industrial, and retail space for sale. Strategically located in the heart of Livermore Falls, this property is strongly anchored by established tenants including Dollar General and H&R Block Tax Services.

- Situated prominently on busy Route 4 & 17, Central Plaza benefits from a high-visibility location with a daily traffic count exceeding 15,000 vehicles.
- Livermore Falls benefits from strategic positioning, providing easy access to several of Maine's largest cities and a potential customer base of over 200,000 individuals.
-The Plaza boasts ample parking space within its parking lot, ensuring convenient
access for both tenants and customers.
- With a diverse array of spaces including medical offices, industrial units, and retail outlets, Central Plaza offers flexibility to accommodate a variety of businesses.

See broker for financials, NDA required.

Financials

Finance Data Year 2024
Real Estate Taxes - Annual($) $15,898 (Annual)

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 01080_020-009
Zoning: COMMERCIAL
Lot Frontage: 385

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,116 4,801 8,523
Median Age: 33.88 39.7 41.56
Households: 449 2,016 3,539

Contact

Photograph of Listing Agent

Josh Soley, SIOR, CCIM

Maine Realty Advisors NECPE Member
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