15 Danielle Dr Windham, ME 04062
- Showrooms
- 6,289 SF
- 2.54 lot acres
Current Use by Public Records
- CannaRx Windham / Cannabis Store
Property Details for 15 Danielle Dr
- Year built
- 2005
- Construction
- STEEL FRAME
- Lot size
- 2.54 lot acres
- Property size
- 6,289 SF
- Zone code
- C-3
- Property type
- Showrooms
- APN
- WINM M:15 B:3 L:3
- APU
- WINMM15B3L3
Description
This exceptional mixed-use property at 15 Danielle Drive, Windham, ME, presents a lucrative investment opportunity in a rapidly expanding Maine city. The 4,000 square foot building sits on a 2.54-acre lot and currently operates as a medical cannabis grow facility with an accompanying retail caregiver store. The existing tenants generate a strong cash flow, with triple net leases yielding an approximate 9% capitalization rate. This provides immediate return on investment for the buyer. However, the significant upside potential lies in the development of additional commercial space. The remaining approximately 2 acres offer ample room for constructing an additional 10,000 to 15,000 square feet of commercial buildings. This allows for expansion of existing operations or the creation of entirely new revenue streams. The property's location in a high-growth area ensures strong demand for commercial space, making this a compelling investment for both short-term income and long-term appreciation. The asking price for this unique opportunity is $950,000. This property offers a blend of immediate income and significant future development potential, making it an attractive proposition for discerning investors.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $300,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Windham
- County
- Cumberland
- State
- Maine
- Longitude
- -70.4208
- Latitude
- 43.8086
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
