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Mixed-Use Market with Apartment
For Sale
$575,000

11 Harbor Road, Friendship, ME 04547

Operating general store combines food retail, prepared meals, fuel pumps, and an upstairs one-bedroom residence.

Property Size4,724 SF
Price / SF$121.72
Days on Market1014

Property Features for 11 Harbor Road

General Information

Standard status Active
Size 4,724 SF
Property subtype Commercial
Zoning Multi Use

Automotive

Automotive Uses fuel station
Convenience Store Yes

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Additional Details

Business Included Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $1,926

Amenities

backup generator
heat pumps
parking lot

Building Details

Building Size 4,724 SF
Year Built 1860
Buildings 1
Stories 2
Listing Agency: RE/MAX JARET & COHN
Listed By: Seth Cohn · License #SA924932
Source: Amerorealty
Added: Jan 22, 2024 Changed: Oct 31 Last Checked: Oct 31 at 2:39PM

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 RE/MAX JARET & COHN

Rey
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Investment Insights

Based on property information with market context.

Wallace Market is an operating general store with grocery offerings, takeout, and beer, wine, and spirits. The 4,724-square-foot building includes a kitchen and deli, gas pumps, a backup generator, and heat pumps. A one-bedroom, one-bath apartment occupies the second floor. The property was built in 1860 and is zoned Multi Use.

The sale includes the business, kitchen equipment, and kitchen inventory. Retail inventory is handled separately. A large customer, staff, and tenant parking area serves the property.

Key Highlights

  • 4,724‑square‑foot mixed‑use property built in 1860
  • Operating general store offering groceries, takeout, beer, wine, and spirits
  • Kitchen and deli with kitchen equipment and kitchen inventory included

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Wallace's Market Grocery & Convenience Store

Suggested Use

Top Pick Auto Repair Shop Computer & Electronic Repair Hair Salon Real Estate Agency Tech Support Center Fish Market

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

Lease Details

1
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 04547, ME

1,142
Population
846
Households
1.3
Avg Household Size
51
Median Age
42%
College-Educated
98%
High-School Grad
14.1 sq mi
ZIP Area
81
Density / Sq Mi
$66,618
Median Household Income
$50,809
Median Earnings
$1,235
Median Rent
$265,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Operating general store combines food retail, prepared meals, fuel pumps, and an upstairs one-bedroom residence.
Where is this mixed-use property located?
The property is located at 11 Harbor Road Friendship, ME.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 4,724‑square‑foot mixed‑use property built in 1860; Operating general store offering groceries, takeout, beer, wine, and spirits; Kitchen and deli with kitchen equipment and kitchen inventory included
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