149 Loring Commerce Rd Limestone, ME 04750
- Commercial real estate
- 1,000 SF
- 19.00 lot acres
Current Use by Public Records
- Loring Woods / Mobile Home Park
Property Details for 149 Loring Commerce Rd
- Lot size
- 19.00 lot acres
- Property size
- 1,000 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 19-acre mobile home park located at 149 Loring Commerce Road, Limestone, ME. The park, known as Loring Woods MHP, is licensed for 54 sites and currently boasts a mix of occupied and vacant units. The property features a naturally wooded setting with trees providing privacy between the lots. Essential infrastructure is in place, including a drilled well and a private septic system, both upgraded in 2008, ensuring reliable service for residents. Currently, four homes are occupied, while nine additional homes are on-site, offering potential for renovation or removal to create additional sites. The substantial acreage and existing infrastructure provide significant opportunities to expand the park's capacity and increase revenue streams. This property is ideal for an investor seeking a well-established mobile home park with considerable upside potential in a desirable location. The 1,000 square foot main building offers additional possibilities. The property's 17+ acres provide ample space for future development and expansion. This is a rare chance to acquire a well-maintained mobile home park with immediate income and significant long-term growth prospects. The existing infrastructure and the potential for expansion make this a truly compelling investment. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Limestone
- County
- Aroostook
- State
- Maine
- Longitude
- -67.872
- Latitude
- 46.9241
