Sanford, ME 04083,5 Water ST
Sanford, ME 04083,5 Water ST
Sanford, ME 04083,5 Water ST
Listed by Investcomm Commercial Group
Bought with Malone Commercial Brokers, Inc.
$1,300,000
$1,300,000
Est.Price: ?

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68,504 SqFt
SOLD DATE : 04/30/2024

Key Details

Sold Price $1,300,000

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Sold

Square Footage 68,504 sqft

MLS Listing ID 1580236

Sold Date 04/30/24

HOA Y/N No

Originating Board Maine Listings

Year Built 1920

Annual Tax Amount $20,454

Tax Year 2023

Lot Size 2.780 Acres

Acres 2.78

Property Description

Two Buildings - Partially Occupied, Month to Month

Building 1
8,800 sf partially heated warehouse with 3 overhead doors and loading dock. Currently operating as an office and warehouse for owner's business use.

Building 2
60,000 sf 4 story (consisting of 15 ,000 +- sf per floor) former spinning mill and retail shop. 2 floors are currently operating as a yarn spinning business with a Month to Month Lease. Bonus cell tower lease is in place, adds to Buyer's income.

1st floor has several built offices and a large industrial space. This well maintained building is in great working condition, was just recently fully operating as Jagger Brothers Worsted Spinners. All floors equipped with bathrooms, and heat, the building is fully sprinkled, brick walls, hard wood floors and a cargo elevator. Tenants (wool spinning business) are in place leasing 2nd and 3rd floors on a month to month basis. Tenant is flexible to remain leasing, move and lease the warehouse building or move out completely.

Location

State ME

County York

Zoning IR

Interior

Heating Multi-Zones

Flooring Wood, Concrete

Exterior

Garage Gravel, 21+ Spaces, On Site, On Street

View Y/N No

Parking Type Gravel, 21+ Spaces, On Site, On Street

Building

Lot Description Water View, Downtown, Near Shopping

Building Description Brick,Masonry, Elevator Freight,Loading Docks 1 - 4,Sprinkler - Wet

Story 4

Sewer Public Sewer

Water Public

Structure Type Brick,Masonry

Others

Restrictions Unknown

Energy Description Oil

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Maine MLS (MREIS) IDX

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Paul Rondeau

+1(207) 229-7613

Broker Associate | License ID: BA923327

Broker Associate License ID: BA923327

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