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    312 Roosevelt Trl Casco, ME 04015

    Sponsored
    For Sale
    $339,000

    Route 302 Commercial Property, High Potential

    Property size:
    2,012 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 2,012 square foot commercial property, situated on a nearly half-acre lot (0.48 acres) at 312 Roosevelt Trail in Casco, Maine, presents a unique investment opportunity. The three-plus story building boasts a prime location on Route 302, just 25 miles from Portland, offering convenient access to major transportation routes and a thriving regional market. Currently configured as a three-bedroom, two-bathroom residence with plumbing roughed-in for a third bathroom, the property's mixed-use zoning allows for diverse commercial applications. The spacious kitchen and laundry room provide ample functionality. A significant asset is the large garage/barn structure, featuring three floors and a cupola, offering substantial storage capacity and significant expansion potential. The property's proximity to Kettle Cove, Sebago Lake, and Thomas Pond adds to its appeal, providing recreational opportunities and enhancing its overall desirability. This property is ideal for a contractor or investor seeking a project with high potential for sweat equity and significant return. The existing structure provides a solid foundation for a variety of commercial ventures, from retail to office space, or even a combination of residential and commercial uses, subject to local zoning regulations. The substantial size and versatile layout offer considerable flexibility for customization and adaptation to meet specific business needs.

    Property Features for 312 Roosevelt Trl

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,012 SF
    Lot Size
    20,909 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Casco
    County
    Cumberland
    State
    Maine
    Longitude
    -70.53063
    Latitude
    43.92511

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    FAQs

    What type of property is this?
    Commercial real estate - Route 302 Commercial Property, High Potential
    Where is this commercial real estate located?
    The property is located at 312 Roosevelt Trl Casco, ME.
    What is the asking price?
    The asking price for this property is $339,000.
    (888) 439-8743
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    312 Roosevelt Trl Casco, ME 04015
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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
    312 Roosevelt Trl Casco, ME 04015
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