FOR SALE INVESTMENT / OWNER-USER 7,164± SF Retail, Office, Residential 6,300± SF main building with retail & showroom on 1st floor and apartment on 2nd floor 864± SF heated garage & storage facility 1.5± acre site with 152 frontage on Route 302 2 miles south of the Hannaford Supermarket retail area Traffic Count: 16,000+ Sale Price: $475,000. MARK MALONE, CCIM 207.773.6000 direct 207.358.7912 direct fax mark@malonecb.com MALONE COMMERCIAL BROKERS 5 Moulton Street Suite 3 Portland, ME 04101 207.772.2422 main www.malonecb.com
PROPERTY SUMMARY BASIC PROPERTY INFORMATION SITE SIZE: 1.5± acres FRONTAGE: ZONE: 152± on Route 302 and 264± on Beaver Creek Farm Rd. Outer Corridor # / BUILDINGS: 2 (Main building & heated storage facility) PARKING: 28± spaces (plus expansion potential in the rear of building) WATER & SEWER: Private well, septic tank (1,000 gallon) REAL ESTATE TAXES: $8,726.11 (2018) DEED REFERENCE: Cumberland Co. Registry of Deeds Book 31039, Page 30 ASSESSOR REFERENCE: Map 6, Lot 5D TOTAL ASSESSED VALUE: $570,334 (2018) BUILDING INFORMATION SIZE: USE: 6,300± SF main building & 864± SF heated storage facility Retail, office, residential STORIES: 2 BUILT: 2002-2003 CONSTRUCTION: EXTERIOR: ROOF: HVAC: ELECTRICAL: LIGHTING: CEILINGS: Wood frame Vinyl Architectural asphalt Oil-fired radiant heat in showroom. Pellet stove used in store office area. Oil-fired baseboard heat in hair salon and apartment 400 amp, single phase Fluorescent in retail areas 10± feet RESTROOMS: 1 per unit; apartment has 3/4 bathroom LOADING: 3 drive-in doors in storage facility SIGNAGE: Pylon and building signage SALE PRICE: $475,000. 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. 03.06.2018
PROPERTY SUMMARY (continued) INCOME & EXPENSE INFORMATION Income Actual 2017 Unit 1-900 sf - Hair Salon - $920/mo Unit 2-1,200 sf - Apartment - $750.00/mo Unit 3-4,000 sf - Tile Company - $1,000/mo* Unit 4-826 sf - Garage - $400/mo * Unit 3 under market rent (owner) Expenses estimated 2017 Taxes $ 7,385 Insurance $ 1,870 Heating $ 2,000 (estimate at this time) Snow $ 600 (estimate at this time) Grounds $ 300 (estimate at this time) Electricity $ 1,500 (estimate at this time) Unit 1 was renovated in 2016 $5,000 - new tile, trim and paint New water heater filtration system installed in 2014 MALONE COMMERCIAL BROKERS 5 MOULTON ST STE 3 PORTLAND ME 04101 207.772.2422 MALONECB.COM
PHOTOS MALONE COMMERCIAL BROKERS 5 MOULTON ST STE 3 PORTLAND ME 04101 207.772.2422 MALONECB.COM
FOR SALE INVESTMENT / OWNER-USER TRAFFIC COUNTS 10,680 7,780 8,570 SUBJECT 7,120 SOURCE: Traffic Volume Counts 2016 Annual Report, MaineDOT, Dept. of Transportation, Traffic Engineering Div., published June 2017 AREA STATISTICS 1 Mile 5 Miles 10 Miles Total Residential Population: 2,544 6,039 19,595 Total Households: 1,129 2,610 8,196 Average Household Income: $56,814 $61,279 $64,872 Total Businesses: 234 357 781 Total Employees: 1,976 3,167 7,127 Copyright 2017 Infogroup, Inc. Esri Forecasts for 2017. For more info please contact: MARK MALONE, CCIM 207.773.6000 direct 207.358.7912 direct fax mark@malonecb.com MALONE COMMERCIAL BROKERS 5 Moulton Street Suite 3 Portland, ME 04101 207.772.2422 main www.malonecb.com