SACO, MAINE MEDICAL OFFICE / CLINIC PROPERTY
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1 FOR FOR LEASE SALE INVESTMENT DEVELOPMENT / YORK LAND COUNTY MAIN MAIN STREET STREET -- WESTBROOK, SACO, MAINE MAINE MEDICAL OFFICE / CLINIC PROPERTY 27,959± SF multi-tenanted building 19.43± total acreage with expansion/development potential 900± feet of frontage on U.S. Route 1 Near Maine Turnpike via I-195 $277,217 NOI SALE PRICE: $3,900,000 Call Mark for details and to arrange a showing! PYLON ON MAIN STREET MARK MALONE, CCIM direct direct fax mark@malonecb.com MALONE MALONE COMMERCIAL COMMERCIAL BROKERS BROKERS 5 Moulton 5 Moulton Street Street Suite 3 Suite main main
2 FOR PROPERTY LEASE SUMMARY DEVELOPMENT LAND MAIN MAIN STREET STREET -- WESTBROOK, SACO, MAINE MAINE OWNER: UNE SITE SIZE: 19.43± total acres (4± acres are occupied, contact broker for expansion/development potential) FRONTAGE: 900± feet on Main Street (U.S. Route 1) ZONE: B2B BUILDINGS: 2 PARKING: 125± on site spaces UTILITIES: Public water and sewer MAP & LOT: Map 35, Lot 1 DEED: York County Registry of Deeds Book 10149, Page 173 ASSESSED VALUE: $442, Land + $3,418, Building = $3,861, (2016) REAL ESTATE TAXES: $74, PORTION OF CITY OF SACO TAX MAP 35 LOT 1 (Shaded yellow) This document has been prepared by Malone Commercial Brokers for advertising and general information only. Malone Commercial Brokers makes no guarantees, representations or warranties of any kind, expressed or implied, regarding, but not limited to, warranties of content, accuracy, and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Malone Commercial Brokers excludes unequivocally all informed or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages there from. All data is subject to change of price, error, omissions, other conditions or withdrawal without notice. Malone Commercial Brokers is acting as the Seller s/lessor s agent in the marketing of this property
3 FOR PROPERTY LEASE SUMMARY (continued) DEVELOPMENT LAND MAIN MAIN STREET STREET -- WESTBROOK, SACO, MAINE MAINE BUILDING INFORMATION TOTAL BUILDING GSF: 26,199± (Main Building) 1,800± (Barn + Mezz) 27,959± BUILT: 1815; Renovation and addition in 2001 CONSTRUCTION: Wood frame STORIES: 2 ELEVATOR: 1 EXTERIOR: Vinyl ROOF: Flat CEILINGS: 8 to 12± feet LIGHTING: Combination FLOORING: Combination HVAC: Oil-fired FHA heat; central A/C and window units ELECTRICAL: 3-phase 4-wire, 225 amp, 120/208 volt SPRINKLER: Wet system SECURITY SYSTEM: Yes HANDICAPPED ACCESSIBLE: Yes SIGNAGE: Roadside pylon; building signage NOI, Cap & Sale Price ANNUAL NET OPERATING INCOME: $ 277, CAP RATE: 7.11± % SALE PRICE: $ 3,900, This document has been prepared by Malone Commercial Brokers for advertising and general information only. Malone Commercial Brokers makes no guarantees, representations or warranties of any kind, expressed or implied, regarding, but not limited to, warranties of content, accuracy, and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Malone Commercial Brokers excludes unequivocally all informed or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages there from. All data is subject to change of price, error, omissions, other conditions or withdrawal without notice. Malone Commercial Brokers is acting as the Seller s/lessor s agent in the marketing of this property
4 655 MAIN STREET - SACO, MAINE FOR LEASE DEVELOPMENT LAND 942 MAIN STREET - WESTBROOK, MAINE PROFORMA Income Rentable SF Gross SF Monthly PSF Annual Type Notes 1 Southern Maine Health Care 10,525 12,026 $23, $ $ 284, G in lease renewal negotiations at this time 2 VA-CBOC 9,999 11,426 $22, $ $ 268, G (paid in arrears) renews 2 yrs. at a time 3 UNE 2,364 2,707 $2, $ $ 35, MG UNE lease to be determined 4 UNE Barn (Cold Storage) 1,800 1,800 $1, $ 6.67 $ 12, MG UNE lease to be determined 24,688 27,959 $49, $ 599, Leases are based upon Rentable SF Gross Income $ 599, % vacancy allowance $ (29,990.41) Adjusted Gross Income $ 569, $ Estimated Expenses Building Operations Property Taxes $ 70, $ 2.86 Insurance $ 4, $ 0.17 Repairs & Maintenance $ 42, $ 1.73 Contract Services (snow, alarm, $ 20, $ 0.81 grounds) $ 5.57 Utilities Electric $ 40, $ 1.62 Propane $ 22, $ 0.89 Waste $ 4, $ 0.19 Removal Water/ $ 2, $ 0.10 sewer $ 2.81 Cleaning Services Interior cleaning and paper supplies NOI $ 277, $ 85, $ 3.48 $ 292, $ G = Gross MG = Modified Gross MALONE COMMERCIAL BROKERS 5 MOULTON ST STE 3 PORTLAND ME MALONECB.COM
5 FOR 655 MAIN LEASE STREET DEVELOPMENT - SACO, MAINE LAND 942 MAIN STREET - WESTBROOK, MAINE SITE PLAN FULL SIZE SITE AND FLOOR PLANS AVAILABLE ELECTRONICALLY ON REQUEST.
6 MAIN STREET SIDE BARN (USED FOR STORAGE) 2001 ADDITION MAIN DRIVE INTO PARKING AREAS MALONE COMMERCIAL BROKERS 5 MOULTON ST STE 3 PORTLAND ME MALONECB.COM
7 TO MAINE TURNPIKE FOR AERIAL LEASE DEVELOPMENT LAND MAIN MAIN STREET STREET -- WESTBROOK, SACO, MAINE MAINE The property is minutes from the Maine Turnpike (approx. 1.5± miles) and just north of the I-195 interchange. Nearby (south of the I-195 interchange is Elm Street Plaza and Hannaford Supermarket & Pharmacy in Saco. I-195 EXITS 2A & 2B SUBJECT MARK MALONE, CCIM direct direct fax MALONE MALONE COMMERCIAL COMMERCIAL BROKERS BROKERS 5 Moulton 5 Moulton Street Street Suite 3 Suite main main
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