262 Main St Waterboro, ME 04030
This exceptional retail property, located at 262 Main Street in Waterboro, Maine, presents a unique investment opportunity. The 6,422 square foot building sits on a sizable 4.75-acre lot, strategically positioned at the intersection of heavily trafficked Route 202 and Route 5, ensuring high visibility and accessibility. Currently occupied by a thriving feed and agricultural retail business, the property offers significant potential for expansion or adaptation to a variety of commercial uses. The existing business boasts a proven track record of profitability. The property includes three existing curb cuts, simplifying access and operations. Adding to its appeal is an additional lot, encompassing 420 feet of frontage on the corner of Main Street (Route 5) and Old Mast Road, providing further development possibilities. Multiple buildings are present on the site, offering flexibility for various business models. This prime location and substantial acreage make this property an ideal investment for entrepreneurs seeking a high-traffic, established retail space with room for growth. The asking price is $2,270,000.
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.