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    1223 Roosevelt Trl Raymond, ME 04071

    For Sale
    $799,000

    COMMERCIAL - Raymond, ME

    Property size:
    5,600 SF
    Lot size:
    0.62 Acres
    Days on Market:
    150
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 1223 Roosevelt Trl

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Parking features
    Off Street
    Size
    5,600 SF
    Lot size
    0.62 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Forced Air
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1964
    Flooring type
    Wood, Carpet, Concrete, Vinyl
    Building materials
    Wood Siding, Clapboard, Wood Frame
    Roof type
    Fiberglass, Shingle

    F.O. Bailey Real Estate (207) 781-1111 [email protected]

    Listing agent David Jones (207) 781-1111

    Listing date Jul 10, 2025

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Commercial Building on Route 302

    Located at 1223 Roosevelt Trail in Raymond, Maine, this commercial building, formerly known as Cricket's Corner, offers 5,600 square feet of space. Situated on Route 302, the gateway to Maine's Lakes Region, the property is positioned for retail, restaurant, office, or mixed-use redevelopment. The building is located on a lot of approximately 1.2 acres with parking and signage opportunities. The zoning is commercial, accommodating a range of business uses. The property features open retail/showroom areas, multiple entrances, private rooms, and kitchen/storage areas. Utilities include public water, private septic, and available high-speed internet. The former use was Cricket's Corner gift shop & specialty retailer. The lot size is 0.62 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raymond
    County
    Cumberland
    State
    Maine
    Longitude
    -70.4650783
    Latitude
    43.8791535

    FAQs

    What type of property is this?
    Retail space - Versatile 5,600 SF commercial space on high-traffic Route 302.
    Where is this retail space located?
    The property is located at 1223 Roosevelt Trl Raymond, ME.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Prime Route 302 Location: High-visibility and high-traffic, ideal for attracting customers.; - Versatile 5,600 SF Commercial Space: Adaptable layout suitable for retail, restaurant, office, or mixed-use redevelopment.; - Ample Parking and Strong Signage: Prominent lot with generous on-site paved parking and excellent signage opportunities.
    (207) 781-1111
    Request Owner's contact information
    1223 Roosevelt Trl Raymond, ME 04071
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    Raymond, ME 04071
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1223 Roosevelt Trl Raymond, ME 04071
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