316 Portland Rd 3,929 SF 100% Leased Retail Building Bridgton, ME 04009 $1,400,000 ($356.32/SF) 7.30% Cap Rate

204 feet of road frontage on major road at a signalized 4-way intersection on the pin, with direct, signalized entrance. Fantastic investment opportunity in up-and-coming area with increasing traffic volume, additional land, and long-standing tenants. There are five tenants in the larger building. One tenant has a double unit. There is a separate building with a separate retail store. This property also has additional unmarketed and unused space on the lower level to bring in additional rent. A significant portion of the land is raw and unused. Property is extremely easy to maintain for any investor type. There is a current scheduled municipality project that will add a 4-way traffic signal at the intersection to this location for summer 2026.
Property also presents an owner-occupied opportunity for the right type of tenant. Zoned as the Inner Corridor (IC) District by the town. This designation is designed to bridge the historic business core with more rural areas and typically accommodates a mixture of commercial and residential uses.