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Commercial SaleRetailMEBuxton04093400 Narragansett Trail, Buxton, ME, 04093

400 Narragansett Trail, Buxton, ME, 04093

400 Narragansett Trail, Buxton, ME, 04093
$1,225,000
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Basics

  • Date added: Added 3 months ago
  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Lot size: 1.6 sq ft
  • Year built: 1987
  • Lot Size Acres: 1.6 acres
  • Zoning: Business Commercial
  • Business Type: Commercial, Retail
  • County: York
  • MLS ID: 1652311

Description

  • Description:

    PRICE CORRECTION! Located on the corner of Narragansett Trail (Route 202) and Main Street/Portland Road, and at a lighted intersection, this highly visible property is available for sale. Aubuchon recently made a significant investment in upgrading the space it has occupied since 2003. Aubuchon has an NNN lease with performance bounces that runs through 2043. There is also an additional 3,500+/- square foot two floor front section awaiting the next owners. A strong 7.5% Cap Rate with front section vacant! Over 10% Cap Rate when leased! Perfect for an owner user looking for a high visibility location or the investor looking to add value. Priced to sell and encouraging offers.

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Location

Building Details

  • Building Area Total: 15176 sq ft
  • Construction Materials: Wood Siding, Metal Clad, Steel Frame, Wood Frame
  • Heating: Blowers
  • Stories: 2
  • Building Features: Overhead Doors
  • Roof: Metal, Shingle
  • Foundation Details: Block, Slab
  • Levels: Multi-Level
  • Basement: ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Heavy Duty
  • Parking Features: 21+ Spaces
  • WaterSource: Well, Private
  • Interior Features: Storage
  • Lot Features: Business District
  • Cooling: Heat Pump

Miscellaneous

  • Listing Terms: 1031 Exchange

Courtesy of

  • List Office Name: John Graham Real Estate

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