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    53 River Rd Mexico, ME 04257

    For Sale
    $299,000

    5,000 SF Metal Building, 1.54 Acres

    Property size:
    5,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 5,000 square foot commercial building presents a remarkable opportunity in Mexico, ME. Situated on a 1.54-acre lot at 53 River Road, this property boasts a prime, high-traffic location ideal for establishing a new business, relocating an existing operation, or expanding current ventures. The building itself is a robust metal structure featuring substantial I-beams, a durable metal roof, and effective insulation. Inside, the space is well-finished and heated by both oil and wood furnaces, offering flexibility and cost-effectiveness. A convenient half-bathroom is included. Ample parking is available, enhanced by excellent road frontage for optimal visibility and accessibility. A loading dock simplifies logistics, and an attached wood shed provides additional storage. The property is further secured by a pre-installed security system and connects to public water and sewer lines, ensuring seamless operation. Currently used as a retail space, this versatile building is ready for immediate occupancy. Please note that the existing business and inventory are not included in the sale. This is a rare opportunity to acquire a well-maintained, strategically located commercial property at a reduced price.

    Property Features for 53 River Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,000 SF
    Lot Size
    67,082 SF

    Building Details

    Year Built
    1988
    Location Intelligence

    Current Use by Public Records

    Labonville Inc - All ... Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mexico
    County
    Oxford
    State
    Maine
    Longitude
    -70.53149
    Latitude
    44.5484

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    FAQs

    What type of property is this?
    Commercial real estate - 5,000 SF Metal Building, 1.54 Acres
    Where is this commercial real estate located?
    The property is located at 53 River Rd Mexico, ME.
    What is the asking price?
    The asking price for this property is $299,000.
    (207) 778-6333
    Request Owner's contact information
    53 River Rd Mexico, ME 04257
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    Mexico, ME 04257
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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
    53 River Rd Mexico, ME 04257
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