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    102 Main St Mexico, ME 04257

    Sponsored
    For Lease
    $5 SF/Yr ($9,108 /Mo)

    Maine Retail Space - Prime Location

    Lot size:
    21,860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity in Mexico, Maine, presents 2,894 square feet of vacant space within the 21,860 square foot Mexico Plaza. Located at 102 Main St, 04257, this single-tenant property boasts a prime downtown location, offering high visibility and accessibility. The building, constructed in 1984, is a single-story structure with ample parking (81 spaces) for customers and employees. The 1.86-acre lot provides significant space and potential for future expansion. This vibrant area is home to established businesses like Spectrum Communications and Family Dollar, ensuring a strong commercial presence. The property's proximity to the Post Office, Municipal Town Hall, and other stores guarantees high foot traffic and convenient access for customers. Its location directly off Main Street and adjacent to the Androscoggin River adds to its appeal. An additional 2,300 square feet is available for lease, presenting a unique opportunity to establish or expand a retail business in a thriving Maine community. This property offers a blend of established success and significant growth potential. The available space is ideal for a variety of retail uses, capitalizing on the high visibility and convenient location.

    Property Features for 102 Main St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,860 SF
    Total Rate
    9108.33

    Building Details

    Year Built
    1984
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,894 SF
    Rate per SF
    $5

    HighLights

    • 2,894 square feet of vacant retail space available in Mexico Plaza, Mexico, ME.
    • Located at 102 Main St, Mexico, ME 04257, in a prime downtown location with high visibility and accessibility.
    • Single‑story building (1984 construction) with ample parking (81 spaces) on a 1.86‑acre lot.
    • Additional 2,300 square feet also available for lease.
    • Strong commercial area with established businesses nearby, including high foot traffic from the Post Office and Town Hall.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mexico
    County
    Oxford
    State
    Maine
    Longitude
    -70.54313243
    Latitude
    44.5562477

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    FAQs

    What type of property is this?
    Retail property - Maine Retail Space - Prime Location
    Where is this retail property located?
    The property is located at 102 Main St Mexico, ME.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 2,894 square feet of vacant retail space available in Mexico Plaza, Mexico, ME.; Located at 102 Main St, Mexico, ME 04257, in a prime downtown location with high visibility and accessibility.; Single-story building (1984 construction) with ample parking (81 spaces) on a 1.86-acre lot.
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    102 Main St Mexico, ME 04257
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    Mexico, ME 04257
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 Main St Mexico, ME 04257
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