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Mixed-Use Property with Convenience Store

1500 State Hwy 3, Bar Harbor, ME 04609

For Sale
$765,000

Island Take Out operates behind the convenience store, with a neighboring campground nearby.

Property Size1,600 SF
Price / SF$478.13
Days on Market1630

Property Features for 1500 State Hwy 3

General Information

Standard status Active
Size 1,600 SF
Property subtype Commercial
Zoning Shore/Town Hill Res

Additional Details

Business Included Yes
Currently Operating Yes

Building Details

Building Size 1,600 SF
Listing Agency: Better Homes & Gardens Real Estate/The Masiello Group
Listed By: Joshua Shelton
Source: Integrityhomesrealestategroup
Added: May 27, 2022 Changed: Nov 11 Last Checked: Nov 11 at 2:23AM

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 Better Homes & Gardens Real Estate/The Masiello Group

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property includes a convenience store and Island Take Out, positioned behind the store. The parcel contains more than one acre and has over 1,000 feet of road frontage along State Hwy 3. Zoning is Shore/Town Hill Res.

The site is at the end of the bridge providing access to Mount Desert Island. A campground is located nearby.

Key Highlights

  • Convenience store with Island Take Out behind it
  • More than 1 acre with over 1,000 feet of road frontage
  • Frontage along State Hwy 3

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Plumbing Service Furniture & Home Goods Bakery Big Box & Wholesale Store Kitchen & Bath Showroom Travel Agency

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 04609, ME

5,089
Population
3,499
Households
1.5
Avg Household Size
48
Median Age
58%
College-Educated
96%
High-School Grad
42.2 sq mi
ZIP Area
121
Density / Sq Mi
$74,408
Median Household Income
$44,455
Median Earnings
$1,190
Median Rent
$451,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Island Take Out operates behind the convenience store, with a neighboring campground nearby.
Where is this mixed-use property located?
The property is located at 1500 State Hwy 3 Bar Harbor, ME.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Convenience store with Island Take Out behind it; More than 1 acre with over 1,000 feet of road frontage; Frontage along State Hwy 3
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