Building Details

Building Size 4,608 SF

Year Built 1957

Stories 1

Tenancy Multi

Listing Agency: Coldwell Banker American Heritage s***@coldwellbanker.com Show Phone

Listed By: James Stoneton Show Phone

Source: Amerorealty

Added: May 7, 2024 Changed: Nov 3 Last Checked: Nov 3 at 5:54AM

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Investment Insights

Based on property information with market context.

Built in 1957, this 4,608-square-foot office property is configured for two tenants. One suite contains a reception area, five private offices, two open areas, a kitchen and employee break room, and two half baths. The other includes a reception and waiting area, open work space, a conference room, two private offices, storage, a kitchen and break room, and two half baths. The current tenants are a physical therapy company and a law firm.

A private generator serves the interior hallways and exterior lighting. The property is zoned residential.

Key Highlights

• 4,608‑square‑foot office building constructed in 1957
• Currently occupied by two tenants: a physical therapy company and a law firm
• One suite includes five private offices, two open areas, a kitchen and employee break room, and two half baths

Property Analytics

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

Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Auto Parts Store Bakery (Bike/Boat/Book/etc) Store Barber Shop Law Firm

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

2

Office units

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

47

Businesses Nearby

Explore this area Business Placement

Demographics for 04427, ME

2,900

Population

1,288

Households

2.3

Avg Household Size

41

Median Age

20%

College-Educated

94%

High-School Grad

40.3 sq mi

ZIP Area

72

Density / Sq Mi

$60,612

Median Household Income

$40,776

Median Earnings

$773

Median Rent

$123,500

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Two occupied office suites feature reception areas, private offices, work areas, and break rooms.

Where is this office building located?

The property is located at 284 Main Street Corinth, ME.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: 4,608‑square‑foot office building constructed in 1957; Currently occupied by two tenants: a physical therapy company and a law firm; One suite includes five private offices, two open areas, a kitchen and employee break room, and two half baths