Commercial Showroom with Paved
55 Lagrange Road Howland, ME 04448
For Sale
$225,000
COMMERCIAL - Howland, ME
Property Size2,248 SF
Lot Size3.00 Acres
Price / SF$100.09
Days on Market25
Property Features for 55 Lagrange Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Residential B
Standard status
Active
Size
2,248 SF
Lot size
3.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3629
Utilities
Sewer type
Public Sewer
Heating system
Oil
Water source
Public
Building Details
Year built
2006
Flooring type
Concrete, Tile
Building materials
Steel Frame, Metal Clad
Roof type
Metal
Listing Agency:
Realty of Maine
(207) 667-2300
Listed By:
John Bettis
(207) 370-8894
Added: Jul 6
Changed: Jul 7
Last Checked: Jul 30 at 6:06AM
MLS# 1651715
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial building offers a large showroom and waiting area, along with a 1/2 bath. It includes public utilities and features a paved yard with plenty of parking. An attached 44x32 garage provides additional space for storage or operations.
The property is located just off I-95 in Howland, ME, and sits on 3 acres.
With showroom and support space plus on-site paved parking and an attached garage, the building is set up for businesses needing both customer-facing area and practical operational space.
The property is located just off I-95 in Howland, ME, and sits on 3 acres.
With showroom and support space plus on-site paved parking and an attached garage, the building is set up for businesses needing both customer-facing area and practical operational space.
Key Highlights
- Commercial building just off I‑95 in Howland
- Year built: 2006
- Large showroom/waiting area plus 1/2 bath
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.4k | $14.40 |
| − Vacancy | −$5.5k | −$2.45 |
| EGI | $26.9k | $11.95 |
| − OpEx | −$8.1k | −$3.59 |
| NOI | $18.8k | $8.37 |
2,248 SF · lease $14.40/SF/yr · vacancy 17.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$268.7K
$235.1K – $313.5K
NOI $18,808 @ 7.0% cap · market cap 8.36%
Second Best
Warehouse
$213.2K
$186.6K – $248.8K
NOI $14,927 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$726.0K
$635.3K – $847.1K
NOI $50,823 @ 7.0% cap · market cap 22.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Showroom - Commercial building just off I-95 in Howland includes a large showroom, waiting area, and paved yard with parking.
Where is this showroom located?
The property is located at 55 Lagrange Road Howland, ME.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Commercial building just off I‑95 in Howland; Year built: 2006; Large showroom/waiting area plus 1/2 bath
