Storefront Property with Second
12 Old Windsor Road, China, ME 04358
For Sale
$250,000
An open main building and a separate smaller structure provide space for a range of commercial configurations.
Property Size1,464 SF
Price / SF$170.77
Days on Market533
Property Features for 12 Old Windsor Road
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Business Included
Corner Location
Currently Operating
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Adams Realty
Listed By:
Lucas Adams
(207) 445-4323
Source:
Integrityhomesrealestategroup
Added: May 28, 2025
Changed: Nov 11
Last Checked: Nov 11 at 2:16AM
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 Adams Realty
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Investment Insights
Based on property information with market context.
This storefront property in China includes a 1,464-square-foot main building and a separate 651-square-foot building. The main space has a mostly open layout, a half bath, hot-water baseboard heat, a dug well, and a 2,000-gallon septic holding tank. The second building has a dug well, monitor heat, and an older septic system with a 1,000-gallon tank. The property was built in 1947 and is zoned Rural.
The site occupies the corner of Old Windsor Road and Rt. 3, at a traffic light on Rt. 32. Hannaford is across the road, and the paved driveway provides on-site parking. Screen-printing and embroidery business Whitt's Garment Works, operating for 27 years, and its equipment are also offered with the property.
The site occupies the corner of Old Windsor Road and Rt. 3, at a traffic light on Rt. 32. Hannaford is across the road, and the paved driveway provides on-site parking. Screen-printing and embroidery business Whitt's Garment Works, operating for 27 years, and its equipment are also offered with the property.
Key Highlights
- Main building measures 1464sqft; second building measures 651sqft
- Corner location at Old Windsor Road and Rt. 3, by the Rt. 32 traffic light
- Hannaford is across the road; paved driveway provides parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,137
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,740
$282.7K
Cap Rate 7%
$201,957
$202.0K
Cap Rate 9%
$157,078
$157.1K
Market Conditions
NOI Build-Up for 1,464 SF
Gross rent
$21.1K $14.40/SF
− Vacancy
−$885 −$0.60/SF
EGI
$20.2K $13.80/SF
− OpEx
−$6.1K −$4.14/SF
NOI
$14.1K $9.66/SF
Area
Kennebec County, ME
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,740
Cap Rate 7%
$201,957
Cap Rate 9%
$157,078
Alternative Uses
Best Use
Retail
$202.0K
$176.7K – $235.6K
NOI $14,137 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$416.1K
$364.1K – $485.4K
NOI $29,126 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
25k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 81%
Shops & Services 19%
Hannaford
Groceries
20,315 visits/mo
0.1 miles
Family Dollar
Shops & Services
4,724 visits/mo
0.5 miles
Demographics for 04358, ME
4,373
Population
2,461
Households
1.8
Avg Household Size
46
Median Age
35%
College-Educated
96%
High-School Grad
49.8 sq mi
ZIP Area
88
Density / Sq Mi
$93,825
Median Household Income
$48,548
Median Earnings
$1,000
Median Rent
$234,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Kennebec County, ME
Properties on Market for Storefront properties in Kennebec County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - An open main building and a separate smaller structure provide space for a range of commercial configurations.
Where is this storefront property located?
The property is located at 12 Old Windsor Road China, ME.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Main building measures 1464sqft; second building measures 651sqft; Corner location at Old Windsor Road and Rt. 3, by the Rt. 32 traffic light; Hannaford is across the road; paved driveway provides parking
