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T.A. King & Son 244 Main st

10,000 SF Retail Building Jonesport, ME 04649 £1,762,425 (£176/SF) 10% Net Initial Yield

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Investment Highlights

Well Maintained
Full Service Building and Hardware supplies

Center of Town

Executive Summary

This locally loved small-town Hardware, Building Materials, and Lumber Yard that is big on customer service and satisfaction has become available due to the seller's pending retirement. This unique opportunity conveys with everything you need to take over this thriving business. Located in the center of the coastal town of Jonesport Maine it is the only option for miles around for the communities building, lumber, and hardware needs. Area building contractors and home service professionals can depend on this business to stock the materials they need at competitive prices. Several well-maintained buildings are set on 1.13 acres with water frontage, current inventory, and equipment that includes fork trucks and several newer delivery & boom trucks. This is the perfect family business you can be proud to own or add to your chain of stores. Financials are available to qualified buyers. Request the required confidentiality agreement for the details.

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Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Storefront

Building Size

10,000 SF

Building Class

Year Built

1960

Price

£1,762,425

Price Per SF

£176

Net Initial Yield

10%

NOI

£176,242

Tenancy

Single

Number of Floors

Building FAR

0.20

Lot Size

1.13 AC

Zoning

Com/Res

Parking

20 Spaces (2 Spaces per 1,000 SF Leased)

Amenities

Corner Lot

Signage

Storage Space

Balcony

About 244 Main st , Jonesport, ME 04649

This locally loved small-town Hardware, Building Materials and Lumber Yard that is big on customer service and satisfaction has become available due to seller's pending retirement. This unique opportunity conveys everything you need to take over this thriving business. Located in the center of the coastal town of Jonesport Maine it is the only option for miles around for the communities building, lumber, and hardware needs. Area building contractors and home service professionals can depend on this business to stock the materials they need at competitive prices. Several well-maintained buildings that set on?? acres with water frontage, current inventory, and equipment including fork trucks and several newer delivery & boom trucks. This is truly the perfect family business you can be proud to own or add to your chain of stores. Financials are available to qualified buyers. Request the required confidentiality agreement for the details.