Building Details

Building Size 68,195 SF

Tenancy Multi

Listing Agency: RE/MAX County j***@remax.net Show Phone

Listed By: Leigh Smith · License #ME BR920688 Show Phone

Source: Integrityhomesrealestategroup

Added: Jul 2 Changed: Oct 30 Last Checked: Oct 30 at 2:10AM

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Investment Insights

Based on property information with market context.

This shopping center occupies a 12.88-acre parcel and has an 85% occupancy rate. Tenants include Hannaford, Subway, Advance Auto, and Dunkin', providing a mix of grocery, food service, and automotive retail uses. The property is zoned Commercial.

The site is next to the I-95 corridor at 121 Somerset Avenue in Pittsfield, Maine. Its tenant roster includes a grocery anchor and a separate Dunkin' location on the parcel.

Key Highlights

• 12.88‑acre shopping center parcel
• 85% occupancy
• Tenant roster includes Hannaford, Subway, Advance Auto, and Dunkin'

Property Analytics

Current Use

United Insurance Insurance Agency

Suggested Use

Top Pick Building Supply Dental Office HVAC Service Law Firm Electrical Service Auto Parts Store

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

85%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

236

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 04967, ME

3,908

Population

1,815

Households

2.2

Avg Household Size

42

Median Age

23%

College-Educated

93%

High-School Grad

48.2 sq mi

ZIP Area

81

Density / Sq Mi

$55,822

Median Household Income

$37,572

Median Earnings

$879

Median Rent

$145,200

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Shopping center - Hannaford, Subway, Advance Auto, and Dunkin' are among the established tenants.

Where is this shopping center located?

The property is located at 121 Somerset Avenue Pittsfield, ME.

What is the asking price?

The asking price for this property is $3,600,000.

What are key features of this property?

This property features: 12.88‑acre shopping center parcel; 85% occupancy; Tenant roster includes Hannaford, Subway, Advance Auto, and Dunkin'