1+/- Acre w/ Existing Building in New Commercial Subdivision

Retail-Commercial for Sale
Catylist Listing ID: 30328909
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 720 SF
Gross Building Area: See Agent
Gross Land Area: 39,822 SF
Sale Price: $229,000
Unit Price: $318.06 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/5/2019

Overview / Comments

Cardente Real Estate is pleased to offer for sale 1 +/- acre of development land along Rt. 100 in Gray, Maine. This is the first lot coming available in a new commercial subdivision. Ask broker for further details. The lot is improved by a 30'x24' commercial building with a 6' warp around porch on two sides. The building was previously used as a driving range sales center and retail golf store. Excellent traffic counts on Rt. 100 as well as close proximity to I-95, Gray Plaza Shopping Center, and USPS post office make this an excellent opportunity for a number of retail uses.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 4448
Property Visibility: Excellent
Largest Nearby Street: Rt. 202 / Rt. 26 / Maine Turnpike
Feet of Frontage: 298
Traffic/Vehicle Count: 9,290
Highway Access: Property is located less than a mile from I-95 Maine Turnpike Exit 63
Site Description: Lot is just under an acre with an existing building. It has 298 FT of Portland Road frontage.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 720 SF
Property Condition: Good
Year Built: 2010
Construction/Siding: Vinyl Siding
Part of Planned Development?: Yes
Lot Frontage: 298

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,797 17,979
Median Age: 39.28 40.24
Households: 2,344 7,014
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.