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Chris Faulhaber

chrisfaulhaber@portsidereg.com +1(207) 239-9340

Listed by Emily Theriault Portside Real Estate Group

$735,000

Est. payment - /mo

1,616 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type General Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,616 sqft

Price per Sqft $454

MLS Listing ID 1675705

HOA Y/N No

Year Built 2004

Lot Size 1.260 Acres

Acres 1.26

Property Sub-Type General Commercial

Source Maine Listings

Land Area 1616

Property Description

Fully leased commercial investment opportunity in a highly visible and desirable Freeport location. Situated on 1.26 acres along US Route 1 and I-295, this 1,616± SF, 1.5-story commercial building offers a strong combination of established tenancy, onsite parking, and long-term ownership potential. Built in 2004 and zoned General Commercial, the property provides flexibility for a variety of commercial uses. The property offers further development potential, including a second-floor apartment in the main building and additional development opportunities with the land. Currently, this is a single commercial unit and a well-maintained site. This is an attractive opportunity for an investor seeking an income-producing asset in the Greater Freeport market. Located in between US Route 1 and I-295 highlights excellent visibility and convenient access to Freeport, Brunswick, Portland, and surrounding communities. A compelling opportunity to acquire a leased commercial property with valuable land, established infrastructure, and multiple potential long-term uses. NOTE: Real Estate is for sale. Not the business. Lease in place until May 31, 2032. Tenant pays all utilities. Owner pays property tax, property insurance and minor building maintenance.

Location

State ME

County Cumberland

Zoning GC

Direction GPS Compliant

Rooms

Basement Full, Unfinished

Interior

Heating Oil, Baseboard

Cooling Heat Pump

Flooring Carpet, Laminate, Ceramic Tile

Exterior

Parking Features 21+ Spaces, Paved, On Street

Roof Type Shingle

Building

Lot Description Near Shopping, Near Turnpike/Interstate

Story 1

Foundation Poured Concrete

Water Public

Others

Tax ID 150USRT1FREEPORT04032

Acceptable Financing Assumable

Listing Terms Assumable

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Chris Faulhaber

+1(207) 239-9340

Agent State License Number SA930528

150 U.S. 1 Freeport, ME 04032

Chris Faulhaber

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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