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Listed by The Boulos Company
$1,395,000
8,825 SqFt
UPDATED:
10/12/2024 02:06 PM
Key Details
Property Type Commercial Sale
Sub Type Investment
Listing Status Active
Square Footage 8,825 sqft
MLS Listing ID 1583824
HOA Y/N No
Originating Board Maine Listings
Year Built 1970
Annual Tax Amount $12,306
Tax Year 2023
Lot Size 0.980 Acres
Acres 0.98
Property Description
Situated on bustling Lisbon Street, located minutes from ME Turnpike I-95 and surrounded by national/local retailers and businesses, this property offers prime visibility and convenient access to a vibrant business district. Tenants include Rent-A-Center, AAA, Hometown Nutrition, and The Lunch Table, providing investors with established long-term national and regional tenants.
8,825± SF, multi-tenanted retail center on 0.98± acre
Prime location along the Maine Turnpike corridor, while also neighboring nearby shopping centers, restaurants and residences
Traffic count of over 18,525 vehicles per day
Sale Price: $1,395,000 (7.07% Cap Rate)
8,825± SF, multi-tenanted retail center on 0.98± acre
Prime location along the Maine Turnpike corridor, while also neighboring nearby shopping centers, restaurants and residences
Traffic count of over 18,525 vehicles per day
Sale Price: $1,395,000 (7.07% Cap Rate)
Location
State ME
County Androscoggin
Zoning CB
Interior
Cooling Central Air
Exterior
Garage 21+ Spaces, On Site, Paved
Waterfront No
View Y/N No
Roof Type Flat
Parking Type 21+ Spaces, On Site, Paved
Building
Lot Description Public Transport Access, Business District, Near Shopping
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Concrete,Brick,Block,Aluminum Siding,Masonry
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327