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    1201 State Street Ave Veazie, ME 04401

    Sponsored
    For Sale
    $249,000

    Prime Veazie location, showroom, garage, office.

    Property size:
    1,100 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 1,100 square foot commercial property presents a compelling investment opportunity in Veazie, Maine. Situated on a meticulously maintained 0.68-acre paved lot, this property boasts a highly desirable location just outside Bangor, offering immediate proximity to major commercial establishments. The building itself features a versatile layout, including a spacious showroom, a functional office, a convenient bathroom, and a three-bay garage, providing ample space for various business needs. The property's excellent condition and prime location make it an ideal choice for a wide range of commercial ventures. The paved and landscaped lot ensures easy access and a professional appearance. This turnkey property is ready for immediate occupancy and presents a rare chance to establish a thriving business in a high-traffic area with strong commercial presence. The asking price of $249,000 reflects the property's exceptional value and potential for significant return on investment. Don't miss this chance to secure a prime commercial space in a thriving Maine community.

    Property Features for 1201 State Street Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,100 SF
    Lot Size
    29,621 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Veazie
    County
    Penobscot
    State
    Maine
    Longitude
    -68.71899
    Latitude
    44.82452

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Veazie location, showroom, garage, office.
    Where is this commercial real estate located?
    The property is located at 1201 State Street Ave Veazie, ME.
    What is the asking price?
    The asking price for this property is $249,000.
    (207) 942-6310
    Request Owner's contact information
    1201 State Street Ave Veazie, ME 04401
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    Veazie, ME 04401
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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
    1201 State Street Ave Veazie, ME 04401
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