TWO UNIT COMMERCIAL OWNER/USER INVESTMENT PROPERTY

Retail-Commercial for Sale
Catylist Listing ID: 30651359
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Service Station/Gas Station, Vehicle Related, Other
Building Size (RSF): 4,464 SF
Gross Building Area: See Agent
Gross Land Area: 0.20 Acres
Sale Price: $239,000
Unit Price: $53.54 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/24/2020

Overview / Comments

Cardente Real Estate is pleased to offer for sale this two unit commercial property location on the highly visible corner of 114 Hancock Street & Route 2 in Rumford, Maine. Recently renovated, the Hancock Street unit is currently a doggy day care in the lower unit off of Route 2 & the lower unit is an Engine Repair shop with a 8 foot loading door & mechanic pit. Amenities include an open layout on the main floor, exterior staircase between both units, onsite parking, highly visible facade and pylon signage with mainstream exposure, other features included. 114 Hancock Street offers high traffic counts in the heart of downtown and is within minutes of Route 2. This is an ideal property for owner occupants & investors.

Attachments & Media

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $999 (Annual)

Additional Details

Nearest MSA: Augusta-Waterville
County: Oxford
Tax ID/APN: 117-244
Zoning: COMMERCIAL
Largest Nearby Street: Route 2, Hancock Street
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,232 SF
Year Built: 1980
Construction/Siding: Vinyl Siding
Parking Type: Surface
Sprinklers: Wet
Lot Frontage: 0.20+/- Acres

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,866 6,526 8,711
Median Age: 39.78 43.98 44.8
Households: 1,358 2,979 3,911

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