448 Houlton Rd, Waite, ME 04492
This exceptional commercial property, located at 448 Houlton Road in Waite, Maine, presents a unique investment opportunity. Situated directly on Route 1, this expansive 25-acre parcel boasts a substantial 50x100 foot garage building, perfectly suited for a variety of commercial uses. An accompanying office building provides convenient administrative space. Each structure is equipped with its own septic system, ensuring operational independence. The property's history as a truck garage is further enhanced by the inclusion of ready-to-operate gas and diesel fuel pumps, offering significant potential for immediate revenue generation. The existing infrastructure provides a solid foundation for a range of businesses, from automotive repair and trucking operations to storage and distribution. The property's high-traffic location on Route 1 ensures excellent visibility and accessibility. This is a rare opportunity to acquire a well-established commercial property with significant land holdings and existing infrastructure. The asking price is $175,000. Additional land may also be available for purchase, providing further expansion possibilities. Contact us today to schedule a showing and explore the potential of this remarkable property.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty 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.