Building Details

Building Size 3,602 SF

Year Built 1999

Buildings 3

Stories 1

Listing Agency: SVN The Masiello Group Show Phone

Listed By: Jessica Wiltbank

Source: Startpoint

Added: Jan 19, 2023 Changed: Aug 31 Last Checked: Aug 31 at 12:05AM

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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 SVN The Masiello Group

Investment Insights

Based on property information with market context.

This commercial property includes three storefront buildings, each occupied and collectively fully leased. The buildings were constructed in 1999 and are described as well-maintained. Commercial zoning applies to the property.

The assemblage is located at 262 Moosehead Trail in Newport, Maine, along Route 7, which is identified as a high-traffic roadway. All three buildings are positioned within the same commercial property and currently support occupied business uses.

Key Highlights

• Three storefront buildings constructed in 1999
• All three buildings are occupied and the property is fully leased
• Commercial zoning

Property Analytics

Property Profile

Current Use

Cut Loose Hair ... Hair Salon The Heating Lodge (Bike/Boat/Book/etc) Store 4 Seasons Floral ... (Bike/Boat/Book/etc) Store BB's Tattoo Co Tattoo & Piercing Shop

Suggested Use

Top Pick Building Supply Plumbing Service Storage Facility Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) 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

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

43

Businesses Nearby

916

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Varney Ford Shops & Services

916 visits/mo 0.2 miles

Demographics for 04953, ME

3,139

Population

1,830

Households

1.7

Avg Household Size

47

Median Age

29%

College-Educated

92%

High-School Grad

29.5 sq mi

ZIP Area

106

Density / Sq Mi

$62,708

Median Household Income

$46,538

Median Earnings

$884

Median Rent

$213,400

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

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Fully leased commercial property with all three buildings occupied along a high-traffic route.

Where is this storefront property located?

The property is located at 262 Moosehead Trail Newport, ME.

What is the asking price?

The asking price for this property is $299,900.

What are key features of this property?

This property features: Three storefront buildings constructed in 1999; All three buildings are occupied and the property is fully leased; Commercial zoning