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Route 1 Midcoast Commercial Building and Land US Route 1 Atlantic Highway

19,124 SF 100% Leased Light Industrial Building Edgecomb, ME 04556 £2,169,750 (£113/SF)

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Investment Highlights

Multi use buildings with room for expansion
Open plan with radiant floor second level.

High visibility corner lot on coastal Route 1 with access from main road and side road

Executive Summary

A rare property w/endless opportunity; 930' of road frontage on US Route 1 plus an additional 508' on Dodge Road located between Wiscasset and Damariscotta at the head of the Boothbay Peninsula. Listing is for 10 acres and buildings only. Zoning in the Commercial Growth District. The main commercial building is an oversized 90x 108 three-story barn with the ability to expand the third floor. A newer roof, radiant heat floor in main entry and second level workshop space, three phase power from Route 1. The building consists of office space, current service area operates as a custom body auto/motorcycle shop, parts, sales. The second building is a two-story house that has two commercial rentals on the first floor with a second-floor apartment. A third smaller 20x20 garage is behind the main building. See list of uses attached- Mixed use commercial and residential potential in a growing area. Planning Board or CEO approval may be needed. Additional 6.5+acres available.

Zoning map

Land Use

Property Facts

Price	£2,169,750	Building Class	B
Price Per SF	£113	Lot Size	10.00 AC
Sale Type	Investment or Owner User	Rentable Building Area	19,124 SF
Sale Conditions	Sale & Leaseback Development Sale	Number of Floors	3
Property Type	Light Industrial	Year Built/Renovated	1940/2018
Property Subtype	Light Manufacturing General Retail Auto Repair Industrial Manufacturing Light Industrial Light Distribution

Price	£2,169,750
Price Per SF	£113
Sale Type	Investment or Owner User
Sale Conditions	Sale & Leaseback Development Sale
Property Type	Light Industrial
Property Subtype	Light Manufacturing General Retail Auto Repair Industrial Manufacturing Light Industrial Light Distribution
Building Class	B
Lot Size	10.00 AC
Rentable Building Area	19,124 SF
Number of Floors	3
Year Built/Renovated	1940/2018

Amenities

Fenced Lot
Security System

Signage
Wheelchair Accessible

Yard
Storage Space

Smoke Detector

1 of 1

zoning

Zoning Code	Commercial Growth (The Commercial Growth District encourages the use of side roads as service roads, while its function mixes commercial and residential uses.)
Commercial Growth (The Commercial Growth District encourages the use of side roads as service roads, while its function mixes commercial and residential uses.)