176 US Route 1 4,191 SF 100% Leased Retail Building Freeport, ME 04032 $675,000 ($161.06/SF)
INVESTMENT HIGHLIGHTS
- 1 Commercial & 2 Residential Units
- Acre Lot with Paved Parking
- Prime Route One & I-295 Visibility
EXECUTIVE SUMMARY
We are pleased to offer this prime Route One Freeport property for sale. The property consists of a 3,380± SF mixed-use commercial/residential building on 1± acre. The first floor is 1,974± SF of commercial space, currently occupied by an owner-user bookstore. The second floor is 1,406± SF with two newly remodeled 1 bed and 1 bath residential units. Excellent Route One and I-295 Freeport visibility and signage.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,191 SF
Building Class
C
Year Built
1850
Price
$675,000
Price Per SF
$161.06
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
C1
Parking
10 Spaces (2.39 Spaces per 1,000 SF Leased)
Frontage
174’ on US ROUTE 1
PROPERTY TAXES
| Parcel Number | FPRT-000026-000064 | Improvements Assessment | $144,000 |
| Land Assessment | $323,900 | Total Assessment | $467,900 |
