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Two-Building Garden Center
For Sale
$575,000

1532 Us Highway 1, Hancock, ME 04640

Commercial zoning, a circular driveway, and a customer-facing retail building define this Route 1 property.

Property Size1,024 SF
Lot Size1.45 Acres
Price / SF$561.52
Days on Market563

Property Features for 1532 Us Highway 1

General Information

Standard status Active
Size 1,024 SF
Lot size 1.45 Acres
Property subtype Commercial
Zoning Commercial

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $1,153

Building Details

Building Size 1,024 SF
Year Built 1999
Buildings 2
Listing Agency: Better Homes & Gardens Real Estate/The Masiello Group
Listed By: Martha Ridlon
Source: Patryfamilyrealty
Added: Apr 18, 2025 Changed: Oct 31 Last Checked: Oct 31 at 3:38AM

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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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This garden center property includes two buildings on 1.45 acres. The main structure has retail space and a second floor suited to office or living space; a separate building provides equipment and storage space. The buildings are offered without the business inventory. The property was built in 1999 and is zoned Commercial.

Located on Route 1 in Hancock Village, the site has a circular driveway for entering and exiting. The property information describes thousands of vehicles passing daily.

Key Highlights

  • Two buildings on 1.45 acres
  • Main building includes retail space and a second floor for office or living use
  • Separate building for equipment or storage

Property Analytics

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

Current Use

Nursery and garden centers

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Garden Center Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04640, ME

2,421
Population
1,454
Households
1.7
Avg Household Size
49
Median Age
33%
College-Educated
95%
High-School Grad
29.3 sq mi
ZIP Area
83
Density / Sq Mi
$69,504
Median Household Income
$41,068
Median Earnings
$1,158
Median Rent
$237,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Perennials Plants & Gardens — 1428 US-1, Hancock, ME 04640

Frequently Asked Questions

What type of property is this?
Nursery and garden center - Commercial zoning, a circular driveway, and a customer-facing retail building define this Route 1 property.
Where is this nursery and garden center located?
The property is located at 1532 Us Highway 1 Hancock, ME.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two buildings on 1.45 acres; Main building includes retail space and a second floor for office or living use; Separate building for equipment or storage
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