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    OFF-MARKET
    Commercial real estate

    448 Houlton Rd, Waite, ME 04492

    25 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 448 Houlton Road in Waite, Maine, presents a unique investment opportunity. Situated directly on Route 1, this expansive 25-acre parcel boasts a substantial 50x100 foot garage building, perfectly suited for a variety of commercial uses. An accompanying office building provides convenient administrative space. Each structure is equipped with its own septic system, ensuring operational independence. The property's history as a truck garage is further enhanced by the inclusion of ready-to-operate gas and diesel fuel pumps, offering significant potential for immediate revenue generation. The existing infrastructure provides a solid foundation for a range of businesses, from automotive repair and trucking operations to storage and distribution. The property's high-traffic location on Route 1 ensures excellent visibility and accessibility. This is a rare opportunity to acquire a well-established commercial property with significant land holdings and existing infrastructure. The asking price is $175,000. Additional land may also be available for purchase, providing further expansion possibilities. Contact us today to schedule a showing and explore the potential of this remarkable property.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 25 ac (1,089,000 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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