Bought with United Country Lifestyle Properties of Maine
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Key Details
Sold Price $125,000
Property Type Commercial Sale
Sub Type General Commercial
Listing Status Sold
Square Footage 16,900 sqft
MLS Listing ID 1544836
Sold Date 07/05/23
HOA Y/N No
Originating Board Maine Listings
Year Built 1967
Annual Tax Amount $1,583
Tax Year 2021
Lot Size 1.900 Acres
Acres 1.9
Property Description
Are you searching for an investment property in northern Maine? If so, you need to investigate this 16,900 +/- square foot building in the recreational outpost of Patten, Maine.
The 130 X 130-foot steel building built in 1967 was once used as a potato storage house. It currently is being rented in sectional bays. The building has access to 3 phase power. Many potential uses would include continued warehouse storage, light manufacturing site or possibly a commercial garage space. The building does need improvements to the exterior façade, some wiring and internal structure, however, with the price of new construction, the cost of just the concrete slab in this building would approach the asking price.
The site the building sets on is a 1.92 +/- acre parcel on the corner of Potato Row and Lovejoy Road just outside the village area of Patten. The land is level with most of the land cleared including a lot of parking onsite.
Patten is located in northern Penobscot County. The towns population of about 880 swells in the summer and fall with summer residents and the influx of visitors who come here for the outdoor recreational opportunities. The town is the gateway to Katahdin Woods and Waters National Monument, the north entrance of Baxter State Park and Mt. Katahdin, the headwaters of the East Branch of the Penobscot River and the Mattawamkeag River system.
Patten has a health clinic, grocery store, hardware store and other small businesses. It is located about 10 miles west of the nearest I-95. The nearest cities are Presque Isle about 68 miles to the north and Bangor about 90 miles due south.
If you are considering relocating your business for a country lifestyle, come take a look at the town of Patten and the beautiful region where it is located.
Location
State ME
County Penobscot
Zoning Unknown
Interior
Cooling None
Flooring Concrete
Exterior
Garage 11 - 20 Spaces
Waterfront No
View Y/N No
Roof Type Metal
Parking Type 11 - 20 Spaces
Building
Lot Description Business District
Foundation Slab
Structure Type Metal Clad,Steel Frame
Others
Financing Other
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327