457 Maine Street

Retail-Commercial for Sale
Also listed as Special Purpose, Office
Catylist Listing ID: 30365131
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 4,800 SF
Gross Land Area: 2 Acres
Sale Price: $600,000
Unit Price: $125 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/10/2019

Overview / Comments

Poland opted in to adult-use marijuana and will select five licenses at a lottery on August 14. Village 4 is the primary business zone that will permit marijuana growing, manufacturing, and retail.

Subject property is highly visible on Rte. 26 (main road to ski slopes, lake region & nearby Oxford Casino) and improved with newly built 4,800 square foot commercial building (80' X 60') with 10' ceiling, interior demised walls, two ADA bathrooms and 40 +/- parking spaces. It has public water and sewer.

This site is the only new building in this zone. Seller would consider financing for qualified buyer. It's also a good site for a brewery, restaurant and distribution center, among other uses.

Parcel will be split from larger tract, therefore real estate taxes are not determined yet. Additional land is available.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $1,111 (Annual)

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 610
Zoning: VILLAGE 4
Traffic/Vehicle Count: 8,670
Lot Frontage: 200

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,191 11,772
Median Age: 42.68 42.7
Households: 2,033 4,666

Contact

Photograph of Listing Agent

Michael Rogers

Bean Group NECPE Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.