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    OFF-MARKET
    Commercial real estate

    21 Northfield Rd Rd, Marshfield, ME 04654

    4,800 SF 2.29 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 21 & 27 Northfield Road in Marshfield, Maine, presents a unique investment opportunity. The 4,800 square foot building currently operates as a functional bowling alley, boasting dimensions of 40 feet by 120 feet. However, its versatility extends far beyond its current use. The substantial size and expansive 2.29-acre lot offer significant potential for redevelopment into a multi-unit storage facility, catering to the growing demand for self-storage solutions in the area. The property's strategic location provides convenient access to Machias, enhancing its appeal to both local and regional clientele. The existing bowling alley infrastructure could be repurposed or removed to accommodate a variety of storage configurations, maximizing the return on investment. This property is ideal for an entrepreneur seeking a profitable venture with significant upside potential. The existing building provides a solid foundation for immediate income generation, while the ample land allows for future expansion or diversification. Serious inquiries are encouraged to explore the full range of possibilities this remarkable property offers. The asking price of $199,000 represents a compelling value for a property of this size and potential in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 4,800 SF
    Lot 2.29 ac (99,752 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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