Property profile

27 Mill St Waldoboro, ME 04572

FOR LEASE
Office Spaces
Property ID
US42-0218142
4,136 SF 1.73 ac lot Built 1993
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 4,136 square foot medical office building situated on a 1.73-acre lot in Waldoboro, Maine. The single-story building, constructed in 1993 and renovated in 2001 and 2010, is zoned VILLAGE and offers a strong net lease investment with a 9.77% cap rate and a net operating income (NOI) of $73,202. The asking price is $799,000. Currently serving the community with Adolescent & Young Adult Medicine, Geriatric Medicine, and Family Medicine, this property provides ample space for medical professionals. Its strategic location and substantial lot size offer potential for future expansion or development. This property represents a compelling investment opportunity in a thriving Maine community, combining strong financial returns with a vital role in local healthcare. The building's current configuration is well-suited to its existing medical tenants, ensuring a stable income stream. This is a rare chance to acquire a well-maintained, income-producing medical office building in a desirable location.

Property profile

Verified
Property type Office Spaces
Year built 1993
Total area 4,136 SF
Lot 1.73 ac (75,359 SF)
UPID US42-0218142

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Physician
  • Physician
  • Physician
  • Physician
  • Pediatrician Physician

Location

27 Mill St Waldoboro, ME 04572
Waldoboro metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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