Route One Freeport Retail/Office Building

Retail-Commercial for Sale
Catylist Listing ID: 30182841
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Post Office, Restaurant, Service Station/Gas Station, Street Retail, Vehicle Related, Other
Building Size (RSF): 1,411 SF
Gross Building Area: See Agent
Gross Land Area: 0.49 Acres
Sale Price: $249,000
Unit Price: $176.47 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 1,411 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2018

Overview / Comments

We are pleased to offer for sale this 1,400± square foot office or retail building on Route One in Freeport, Maine, located just south of Freeport Village, less than 1.5 miles from the Desert Road Exit of I-295. Ideal for auto, commercial sales/service, daycare, restaurant or many other retail or professional office uses. Ample parking, high traffic counts and great signage opportunities, with visibility from both US Route 1 and I-295. Please contact Brokers for additional information.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Taxing Authority: Freeport
Tax ID/APN: Map 26 Lot 51A
Zoning: C-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Old County Road and Iris Lane
Property Visibility: Excellent
Largest Nearby Street: Route 1
Feet of Frontage: 122
Traffic/Vehicle Count: 10,130
Highway Access: Less than 1.5 miles to I-295 at Desert Road
Airports: Portland International Jetport
Site Description: Level, open, visible
Area Description: High traffic corridor between Portland and Brunswick with especially heavy seasonal tourist traffic.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1940
Roof Type: Gable
Construction/Siding: Vinyl Siding
Total Parking Spaces: 5
Parking Type: Surface
Parking Description: On-site parking; currently approx. 5 spaces but more can be added.
Heat Type: Oil
Heat Source: Other
Zoning Description: Commercial 1
Lot Frontage: 122' on Route 1 and 122' on I-295
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: Cumberland Co. Book 3599 Page 123

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,272 7,935 19,625
Median Age: 50.09 44.69 44.86
Households: 532 3,472 7,977
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.