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Corner Retail Building
For Sale
$595,900

2 Old Point Avenue, Madison, ME 04950

A commercial-zoned property occupies a corner parcel at a signalized intersection in downtown Madison.

Property Size3,200 SF
Price / SF$186.22
Days on Market768

Property Features for 2 Old Point Avenue

General Information

Standard status Active
Size 3,200 SF
Property subtype Commercial
Zoning Commercial

Site & Location

Corner Location Yes
Traffic Count 11,000 vehicles/day

Taxes and HOA fees

Annual Taxes $3,024

Building Details

Building Size 3,200 SF
Year Built 1989
Stories 1
Listing Agency: Integrity Homes Real Estate Group, PC
Listed By: Buffy Dumont
Source: Integrityhomesrealestategroup
Added: Sep 25, 2024 Changed: Oct 30 Last Checked: Oct 30 at 3:20PM

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 Integrity Homes Real Estate Group, PC

Rey
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Investment Insights

Based on property information with market context.

This 3,200 SF retail building was constructed in 1989 and is situated on a corner lot at a light-controlled intersection in downtown Madison. Commercial zoning is identified for the property.

The site fronts Routes 201A and 148, with reported traffic exceeding 11,000 vehicles per day.

Key Highlights

  • 3,200+/- SF retail building, built in 1989
  • Commercial zoning
  • Corner parcel at a lighted intersection in downtown Madison

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Hair Salon HVAC Service Electrical Service

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

11,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

200
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 41% Groceries 19% Dining 19% Apparel 13%
Circle K Shops & Services
11,012 visits/mo 0.1 miles
Hannaford Groceries
10,596 visits/mo 0.3 miles
Dunkin' Donuts Dining
7,802 visits/mo 0.1 miles
Reny's Apparel
7,211 visits/mo 0.2 miles
Family Dollar Shops & Services
5,172 visits/mo 0.1 miles

Demographics for 04950, ME

4,726
Population
2,755
Households
1.7
Avg Household Size
46
Median Age
15%
College-Educated
95%
High-School Grad
51.9 sq mi
ZIP Area
91
Density / Sq Mi
$48,750
Median Household Income
$43,668
Median Earnings
$892
Median Rent
$154,300
Median Home Value
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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

Frequently Asked Questions

What type of property is this?
Retail space - A commercial-zoned property occupies a corner parcel at a signalized intersection in downtown Madison.
Where is this retail space located?
The property is located at 2 Old Point Avenue Madison, ME.
What is the asking price?
The asking price for this property is $595,900.
What are key features of this property?
This property features: 3,200+/- SF retail building, built in 1989; Commercial zoning; Corner parcel at a lighted intersection in downtown Madison
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