21 Northfield Rd Rd, Marshfield, ME 04654
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.