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    17 Dodge Rd Edgecomb, ME 04556

    For Sale
    $2,750,000

    10-Acre Mixed-Use Development Opportunity

    Property size:
    19,124 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 10-acre property boasts 930 feet of US Route 1 frontage and an additional 508 feet on Dodge Road, strategically located between Wiscasset and Damariscotta at the head of the Boothbay Peninsula. The main building, a renovated 9,720 square foot (90x108) three-story barn, features steel beams, concrete radiant heat on the first two floors, a new roof, and three-phase power. Modern upgrades include new LED lighting (December 2024) in the second-floor shop and office space. Currently configured as a custom auto/motorcycle shop with parts and sales, the building offers ample office space and significant potential for diverse uses. A second building includes two first-floor commercial rentals and a second-floor apartment. A smaller 20x20 garage is also situated on the property. The property is zoned for Commercial Growth District use, and additional 6.5+ acres are available for purchase. The City of Wiscasset is actively pursuing public water access along the Route 1 corridor, with plans currently under review and approval. Note that Planning Board or CEO approval may be required for certain uses. This presents a rare opportunity for a mixed-use commercial and residential development in a thriving area.

    Property Features for 17 Dodge Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    19,124 SF
    Lot Size
    435,600 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Intoxalock Ignition Interlock Safety Equipment Supplier Twisted Iron Customs Motorcycle Repair Shop Simple Creations Boutique ... Clothing Store Twisted Tattoo Tattoo Shop Twisted Iron Grill Takeout Restaurant

    Suggested Use

    Restaurant Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Skin Care Clinic Food Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Edgecomb
    County
    Lincoln
    State
    Maine
    Longitude
    -69.61229
    Latitude
    44.00209

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    • New
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    Nearby Similar for Sale

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    • $1,250,000
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    FAQs

    What type of property is this?
    Mixed-use property - 10-Acre Mixed-Use Development Opportunity
    Where is this mixed-use property located?
    The property is located at 17 Dodge Rd Edgecomb, ME.
    What is the asking price?
    The asking price for this property is $2,750,000.
    (207) 879-9800
    Request Owner's contact information
    17 Dodge Rd Edgecomb, ME 04556
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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
    17 Dodge Rd Edgecomb, ME 04556
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