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304 W Gray Rd 1,455 SF 100% Leased Retail Building Gray, ME 04039 $279,000 ($191.75/SF)
Investment Highlights
- Historic retail building originally constructed in 1902.
- Existing storefront layout supports immediate occupancy.
- Positioned along a corridor connecting the Lakes Region and Maine Turnpike.
Executive Summary
Steeped in local history and positioned in a prime, high-exposure location, this iconic property presents an incredible opportunity for entrepreneurs, investors, or anyone looking to blend a lifestyle project with prime real estate. Long known as the home of West Gray Antiques, this versatile property is aggressively priced to sell and ready for its next chapter.
Visibility is everything, and this property delivers. Situated on highly traveled West Gray Road (Route 115/202), your venture benefits from massive, built-in drive-by marketing. Connecting the Lakes Region to the Maine Turnpike, this major corridor sees an impressive traffic count that can exceed 8,500+ vehicles per day, ensuring a constant stream of local and seasonal tourist eyes on your sign.
Walk right in and take the reins on day one. The property features an established, character-rich storefront layout with beautifully stocked shelves. Looking for a seamless business transition? The entire current antique inventory can be included with the sale, making this a completely turnkey retail operation from the moment you close.
Don't let the ''Rural Residential & Agricultural'' tag limit your vision. Gray's flexible RRA zoning district opens the door to expansive permitted and conditional uses. Whether you want to maintain the charm of an antique storefront, pivot to a boutique or professional office, or maximize the footprint for home-based business or residential blends, the options here are exceptionally diverse.
Visibility is everything, and this property delivers. Situated on highly traveled West Gray Road (Route 115/202), your venture benefits from massive, built-in drive-by marketing. Connecting the Lakes Region to the Maine Turnpike, this major corridor sees an impressive traffic count that can exceed 8,500+ vehicles per day, ensuring a constant stream of local and seasonal tourist eyes on your sign.
Walk right in and take the reins on day one. The property features an established, character-rich storefront layout with beautifully stocked shelves. Looking for a seamless business transition? The entire current antique inventory can be included with the sale, making this a completely turnkey retail operation from the moment you close.
Don't let the ''Rural Residential & Agricultural'' tag limit your vision. Gray's flexible RRA zoning district opens the door to expansive permitted and conditional uses. Whether you want to maintain the charm of an antique storefront, pivot to a boutique or professional office, or maximize the footprint for home-based business or residential blends, the options here are exceptionally diverse.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
1,455 SF
Building Class
C
Year Built
1902
Price
$279,000
Price Per SF
$191.75
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.05
Lot Size
0.63 AC
Zoning
RRA
Not walkable
10/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | GRAY-000056-000017-000006 | Improvements Assessment | $121,900 |
| Land Assessment | $95,100 | Total Assessment | $217,000 |
Property Taxes
Parcel Number
GRAY-000056-000017-000006
Land Assessment
$95,100
Improvements Assessment
$121,900
Total Assessment
$217,000
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304 W Gray Rd