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498 Maine Ave

1,540 SF Retail Building Farmingdale, ME 04344 £783,300 (£509/SF)

Investment Highlights

  • 3 BR home and a 1200 sq ft plus commercial building
  • Behind the commercial building is a separate office space/outbuilding.
  • The commercial space offers approximately 400 sqft of retail show room and over 800 sq ft of production space which includes a kitchen/lab area.

Executive Summary

This property offers multiple revenue streams with both a 3 BR home and a 1200 sq ft plus commercial building. The commercial building is currently used as a retail and manufacturing space for medical cannabis. The commercial space offers approximately 400 sqft of retail show room and over 800 sq ft of production space which includes a kitchen/lab area. Behind the commercial building is a separate office space/outbuilding. The 3 bedroom home has 1.5 baths, large kitchen and dining room space and a full unfinished basement. High visibility corner lot on a high traffic road. Large parking lot. This property includes the only medical cannabis license in Farmingdale that will transfer with the sale. Recreational manufacturing and retail cannabis is a possibility at the location.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,540 SF
Building Class
C
Year Built
1934
Price
£783,300
Price Per SF
£509
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
0.43 AC
Zoning
Commercial - Commercial
Parking
15 Spaces (9.74 Spaces per 1,000 SF Leased)
Frontage
72 ft on Maine Ave
1 of 1
(207) 623-1123 x1204

Contact

  • Listing ID: 33012753

  • Date on Market: 30/08/2024

  • Last Updated:

  • Address: 498 Maine Ave, Farmingdale, ME 04344

The Retail Property at 498 Maine Ave, Farmingdale, ME 04344 is currently available for sale. Contact Sprague & Curtis Real Estate for more information.

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© 2024 CoStar Group

498 Maine Ave
(207) 623-1123 x 1204

498 Maine Ave

James Pepin

(207) 623-1123

x1204

(207) 623-1123 x1204

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