Bought with Atienza Commercial & Residential Real Estate Brokers LLC
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $270,000
Property Type Commercial Sale
Sub Type Investment
Listing Status Sold
Square Footage 5,324 sqft
MLS Listing ID 1544453
Sold Date 04/28/23
HOA Y/N No
Originating Board Maine Listings
Year Built 1981
Lot Size 3.420 Acres
Acres 3.42
Property Description
Location, location, location! Investors take notice! Traffic Count 2019 AADT 8100. This 6 parcel, 3.42 acre, 5324+/-sf in total, property consists of an automotive center, 3 trailers, and 1 vacant lot directly abuts and neighbors well established businesses such as Plants Seafood, Swango Farm, Witch Spring Hill Ice Cream, Napa, Bath Self Storage, Coastal Glass, Mail It 4 U, Walgreens, Family Dollar, VIP, O'Reilly's Auto and much, much more. Located on the Old Bath Road close to the rotary, this property is only minutes to BIW, the interstate, schools, the mid-coast hospital, boat accesses, and atv trails all to which highlights the in-demand nature of this area. This property boasts exceptional passive income opportunity as current rents are lower than market value. Tenants are month to month. This property currently generates income and most importantly has potential to generate much more. 32 State Road consists of .69+/- acres and a total of 3268+/-SF. 1976+/-sf of two 18+/- foot ceiling service bays, one 16+/-foot drive in bay (first floor), and 1292+/-SF of office spaces above (3 qrt story). Current tenant pays $1400.00 monthly. 7 Judys Drive consists of a 720+/-sf 2 Bedroom 1 Bath mobile home. New rinnai heater installed 2019. Internals for existing furnace replaced 2007. Current tenant pays $600.00 monthly. 8 Judys Drive Consists of 760+/-sf 2 Bedroom 1 Bath mobile home. New furnace installed 2020. Current tenant pays $550.00 monthly . 9 Judys Drive consists of 1.06+/- acres, 576+/-sf 1 Bedroom and 1 Bath mobile home. Current tenant pays $525.00 monthly . Judys Drive is land of .84 acres. Owner's only expenses are property tax and insurance. Tenants cover their own electric, heat and ground maintenance. This is a must see opportunity.
Location
State ME
County Sagadahoc
Zoning Business district
Direction Heading North on Route 1, take the exit toward Congress Ave. Take a right onto State Rd. and go 0.2 miles. Heading South on Route 1, take the Congress Ave. exit. Turn left onto Congress Ave.
Rooms
Basement None
Interior
Heating Direct Vent Heater, Direct Vent Furnace
Cooling None
Flooring Other, Laminate
Exterior
Garage Gravel, 21+ Spaces
View Y/N No
Roof Type Shingle
Parking Type Gravel, 21+ Spaces
Garage Yes
Building
Lot Description Near Turnpike/Interstate, Downtown, Business District, Other, Retail Strip, Shopping Mall
Building Description Clapboard,Post & Beam,Mobile,Wood Frame, Overhead Doors
Story 2
Foundation Slab
Sewer Private Sewer
Water Private
Structure Type Clapboard,Post & Beam,Mobile,Wood Frame
Others
Restrictions Unknown
Energy Description Oil
Financing Other
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327