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Downtown Commercial Building with Parking
For Sale
$479,000

24 Lawrence Avenue, Fairfield, ME 04937

Commercial building in downtown Fairfield with potential for multiple tenants.

Property Size4,000 SF
Price / SF$119.75
Days on Market715

Property Features for 24 Lawrence Avenue

General Information

Standard status Active
Size 4,000 SF
Property subtype General Commercial

Amenities

Central Air
3
Paved Driveway, Gravel, On Site.

Building Details

Year Built 2006
Listing Agency: Century 21 Nason Realty
Listed By: Kim Moxcey
Source: Xome
Added: Aug 26, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Nason Realty

Investment Insights

Based on property information with market context.

This well-maintained commercial building is situated in the heart of downtown Fairfield, across from the Town Office and close to Main Street shopping, with convenient access to I-95. The building features four separate entrances on the front, offering the potential to divide the space into four individual units. Currently, the property is configured as one large open space with two bathrooms, a kitchenette, and six separate offices. Amenities include a large paved parking lot, central air conditioning, and propane heat. At the end of the mall, there is an unfinished space, approximately 26 feet by 44 feet according to town information, suitable for a future tenant. The noted square footage of 4,000 square feet includes this unfinished area. This property presents an opportunity to house a business while leasing to other tenants, or as an investment for a real estate portfolio.

Key Highlights

  • Prime downtown location across from the Fairfield Town Office and close to Main Street shopping with convenient access to I‑95.
  • Potential for future separation into 4 units due to 4 separate front entrances.
  • Large paved parking lot on‑site.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Auto Parts Store Plumbing Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

262
Businesses Nearby

Demographics for 04937, ME

6,363
Population
3,041
Households
2.1
Avg Household Size
43
Median Age
14%
College-Educated
94%
High-School Grad
51.9 sq mi
ZIP Area
123
Density / Sq Mi
$62,633
Median Household Income
$34,727
Median Earnings
$943
Median Rent
$149,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial building in downtown Fairfield with potential for multiple tenants.
Where is this commercial land located?
The property is located at 24 Lawrence Avenue Fairfield, ME.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Prime downtown location across from the Fairfield Town Office and close to Main Street shopping with convenient access to I‑95.; Potential for future separation into 4 units due to 4 separate front entrances.; Large paved parking lot on‑site.
More about this property
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