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: 1/25/2018

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
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