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    2 W Broadway Lincoln, ME 04457

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    For Sale
    $1,537,237

    12,967± SF retail building in Lincoln, ME, leased to Walgreens.

    Property size:
    12,967 SF
    Lot size:
    3.20 Acres

    Property Features for 2 W Broadway

    General Information

    Size
    12,967 SF
    Lot size
    3.20 Acres

    Source: The Boulos Company Agent Christopher Paszyc, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail Building Leased to Walgreens

    This is a 12,967± square foot freestanding retail building located in the heart of Lincoln's retail district. The property is currently leased to Walgreens (NASDAQ: WBA) through October 31, 2027. It features a drive-thru and excellent signage. The property is situated at a lighted intersection. The Net Operating Income is $122,979.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor Walgreens Pharmacy Pharmacy COVID-19 Drive-Thru Testing ... Pharmacy Walgreens Drug Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Similar Places Nearby

    Walgreens Pharmacy, Hannaford Pharmacy, COVID-19 Drive-Thru Testing at Walgreens, Walgreens, Derek Joseph

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Penobscot
    State
    Maine
    Longitude
    -68.500848
    Latitude
    45.363467

    Nearby Similar for Sale

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      Lincoln Main Street Pizza Parlor

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    • $349,000
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      Lincoln Retail Space - High Visibility

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    • $1,537,237
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      Lincoln, ME Retail Investment

      Walgreens Net Lease, High Cap Rate
      2 Broadway, Lincoln, ME 04457
      View Details

    FAQs

    What type of property is this?
    Drug store - 12,967± SF retail building in Lincoln, ME, leased to Walgreens.
    Where is this drug store located?
    The property is located at 2 W Broadway Lincoln, ME.
    What is the asking price?
    The asking price for this property is $1,537,237.
    What are key features of this property?
    This property features: - Freestanding retail building leased to Walgreens (NASDAQ: WBA).; - Leased through October 31, 2027.; - Net Operating Income: $122,979.
    (207) 939-4147
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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
    2 W Broadway Lincoln, ME 04457
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