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    176 Us Route 1 Freeport, ME 04032

    Sponsored
    For Sale
    $675,000

    Prime Freeport location, 3,380 sq ft, 1-acre lot.

    Property size:
    3,380 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property, located at 176 US Route 1 in Freeport, Maine, presents a unique investment opportunity. The building encompasses a substantial 3,380 square feet of space, offering versatile potential for a variety of commercial ventures. Situated on a full acre of land, the property provides ample room for expansion, outdoor seating, or additional parking. Its prime location on US Route 1 ensures high visibility and accessibility, attracting significant foot traffic and convenient access for customers. The building's mixed-use zoning allows for a range of business possibilities, making it ideal for entrepreneurs seeking a blend of retail, office, or other compatible uses. The asking price of $675,000 reflects the property's significant potential for return on investment. This is a rare opportunity to acquire a well-situated, sizable commercial property in the thriving town of Freeport, known for its vibrant community and strong economic base. The property's size and location make it an attractive prospect for both established businesses seeking to expand and new ventures looking for a strong foothold in a desirable market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Don't miss this chance to own a piece of Freeport's commercial landscape.

    Property Features for 176 Us Route 1

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,380 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1850
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Cumberland
    State
    Maine
    Longitude
    -70.1423
    Latitude
    43.82094

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Freeport location, 3,380 sq ft, 1-acre lot.
    Where is this mixed-use property located?
    The property is located at 176 Us Route 1 Freeport, ME.
    What is the asking price?
    The asking price for this property is $675,000.
    (207) 773-7100
    Request Owner's contact information
    176 Us Route 1 Freeport, ME 04032
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    Freeport, ME 04032
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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
    176 Us Route 1 Freeport, ME 04032
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