Convenience Store and Gas
130 Wardtown Road Freeport, ME 04032
130 Wardtown Road, Freeport, ME, 04032
$525,000
For Sale
$525,000
Turnkey country convenience store and gas station on a corner lot with multiple fuel pumps and a full-service deli.
Property Size2,400 SF
Lot Size3.00 Acres
Price / SF$218.75
Days on Market123
Property Features for 130 Wardtown Road
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 3.00 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1975
Listing Agency
(207) 357-3778
Listed by
Chad Doucette
(207) 357-3778
Source
Brendafontaine
Added: Mar 18 Checked: Jul 18 at 3:07 am
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 Chad Doucette
Investment Insights
Based on property information with market context.
Turnkey country convenience store and gas station offered for sale on a corner lot. The property includes a 2,400-square-foot store and multiple fuel pumps. Inside, it operates as a convenience concept with a full-service deli and walk-in coolers, along with ample display and storage areas.
Outside, there is a large parking area designed for customer access and delivery. The generous lot provides room for future expansion or additional income opportunities. The property is located near I-295 and downtown Freeport, offering convenient access for both local customers and travelers.
Outside, there is a large parking area designed for customer access and delivery. The generous lot provides room for future expansion or additional income opportunities. The property is located near I-295 and downtown Freeport, offering convenient access for both local customers and travelers.
Key Highlights
- 2,400 sq. ft. country convenience store and gas station on a corner lot
- Full‑service deli plus walk‑in coolers for food storage and service
- Multiple fuel pumps with a large parking area for customers and delivery access
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.2k | $18.00 |
| − Vacancy | −$7.3k | −$3.06 |
| EGI | $35.9k | $14.94 |
| − OpEx | −$9.0k | −$3.74 |
| NOI | $26.9k | $11.21 |
2,400 SF · lease $18.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$384.2K
$336.2K – $448.2K
NOI $26,892 @ 7.0% cap · market cap 5.12%
Second Best
Retail
$358.6K
$313.7K – $418.3K
NOI $25,099 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$659.6K
$577.2K – $769.6K
NOI $46,175 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Doherty's North Freeport ...
Grocery & Convenience Store
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Turnkey country convenience store and gas station on a corner lot with multiple fuel pumps and a full-service deli.
Where is this grocery and convenience store located?
The property is located at 130 Wardtown Road Freeport, ME.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,400 sq. ft. country convenience store and gas station on a corner lot; Full‑service deli plus walk‑in coolers for food storage and service; Multiple fuel pumps with a large parking area for customers and delivery access
