Property profile

448 Houlton Rd Waite, ME 04492

OFF-MARKET
Commercial real estate
25 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Lot 25 ac (1,089,000 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

448 Houlton Rd Waite, ME 04492
Waite metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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