Convenience Store and
2 Chadbourne Rd Standish, ME 04084
For Sale
Contact for pricing
A fully operational convenience store with three one-bedroom apartments in a 6,187± SF building on 0.3± acres.
Property Size6,187 SF
Lot Size0.30 Acres
Price / SF$157.59
Days on Market279
Property Features for 2 Chadbourne Rd
General Information
Standard status
Active
Size
6,187 SF
Lot size
0.30 Acres
Property subtype
RETAIL
Listing Agency:
Malone Commercial Brokers
(207) 415-7982
Listed By:
Brandon Mitchell · License #920783
(207) 415-7982
Source:
Moodyscre
Added: Oct 24, 2025
Changed: Jul 28
Last Checked: Jul 28 at 2:20PM
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 Malone Commercial Brokers
Investment Insights
Based on property information with market context.
This 6,187± SF commercial building is set on a 0.3± acre lot and includes three one-bedroom apartments plus a fully operational convenience store. The property is currently home to Walkers Landing Pizza and Subs within the retail component.
The building is located on a busy intersection with 8,830± cars/day AADT (2023), providing prominent roadside exposure.
With residential units combined alongside active convenience retail, the layout supports mixed-use occupancy within a single ownership structure.
The building is located on a busy intersection with 8,830± cars/day AADT (2023), providing prominent roadside exposure.
With residential units combined alongside active convenience retail, the layout supports mixed-use occupancy within a single ownership structure.
Key Highlights
- 6,187± SF commercial building on 0.3± acres
- Fully operational convenience store plus 3 one‑bedroom apartments
- Property occupied by Walkers Landing Pizza and Subs
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 | $111.4k | $18.00 |
| − Vacancy | −$18.9k | −$3.06 |
| EGI | $92.4k | $14.94 |
| − OpEx | −$23.1k | −$3.74 |
| NOI | $69.3k | $11.21 |
6,187 SF · lease $18.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.56M
$1.37M – $1.82M
NOI $109,334 @ 7.0% cap · market cap 11.21%
Second Best
Apartment 5plus
$1.45M
$1.27M – $1.70M
NOI $101,718 @ 7.0% cap · market cap 10.43%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $119,035 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - A fully operational convenience store with three one-bedroom apartments in a 6,187± SF building on 0.3± acres.
Where is this triplex located?
The property is located at 2 Chadbourne Rd Standish, ME.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 6,187± SF commercial building on 0.3± acres; Fully operational convenience store plus 3 one‑bedroom apartments; Property occupied by Walkers Landing Pizza and Subs
