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Listed by Emily Theriault Portside Real Estate Group
$ 750,000
Est. payment /mo
Pending
150 U.S. 1 Freeport, ME 04032
1,616 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type General Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 1,616 sqft
Price per Sqft $464
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 (NNN) 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.
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.
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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