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    675 Western Ave Manchester, ME 04351

    For Sale
    $999,999

    High-traffic, renovated commercial building with income potential.

    Property size:
    10,150 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property at 675 Western Avenue in Manchester, ME, presents a compelling investment opportunity or the perfect space for your business. The 10,150 square foot building sits on a 1.41-acre lot and boasts a prime location with an impressive 19,710 daily traffic count, ensuring high visibility and accessibility. The property has undergone recent renovations, encompassing both exterior and interior updates. Unit one, encompassing approximately 5,200 square feet, features a spacious reception area, versatile rooms adaptable to various business needs, convenient utility rooms, and a large break room. This unit offers significant flexibility, with the potential to add more rooms upstairs. Units two and three are currently leased, generating consistent rental income. Three additional units remain, presenting further income-generating potential for a savvy investor. The property's strategic location and recent improvements combine to create a rare opportunity in the Manchester commercial real estate market. This is an ideal investment for those seeking a high-traffic, income-producing asset with significant upside potential. The building's versatile layout and substantial square footage cater to a wide range of commercial uses. Don't miss this chance to acquire a well-positioned and updated commercial property in a thriving location. The asking price is $999,999.

    Property Features for 675 Western Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    10,150 SF
    Lot Size
    61,420 SF

    Building Details

    Year Built
    1988
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Business Communications of Maine Telecommunications Service Provider Orofacial Pain Center ... Oral Surgeon Revelation Massage Massage Therapist The Skin Shop Skin Care Clinic Cummings Cemetery Cemetery

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Dental Office Hair Salon Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Kennebec
    State
    Maine
    Longitude
    -69.83802
    Latitude
    44.32154

    Nearby Comparable

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      Augusta Office Building For Sale

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    Nearby Similar for Sale

    • $695,000
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      Multi-Use Commercial Building on Route 202

      3700 SF multi-unit commercial building with high visibility on Route 202.
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    • $1,456,000
      9,026 SF

      Dollar General NNN Investment Opportunity

      Single-tenant Dollar General with corporate-backed NNN lease in Manchester, ME.
      1022 Western Ave, Manchester, ME 04351
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - High-traffic, renovated commercial building with income potential.
    Where is this mixed-use property located?
    The property is located at 675 Western Ave Manchester, ME.
    What is the asking price?
    The asking price for this property is $999,999.
    (207) 558-8811
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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
    675 Western Ave Manchester, ME 04351
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