531 Farmington Rd Strong, ME 04983
- Commercial real estate
- 2,508 SF
- 1.24 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 531 Farmington Rd
- Year built
- 1985
- Lot size
- 1.24 lot acres
- Property size
- 2,508 SF
- Property type
- Commercial real estate
Description
This 2,508 sq ft commercial property in Strong, ME, presents a unique investment opportunity. Situated on a 1.24-acre lot along heavily traveled Route 4, boasting an AADT of over 4,000 vehicles, this high-visibility location ensures significant exposure. Previously utilized as an automotive repair and body shop, the building features a spacious main garage area accessible via two large garage doors (one 12'x14', the other 12'x12'). The concrete slab floors and approximately 14' high ceilings provide ample working space. A convenient attached one-bedroom, one-bathroom apartment offers additional living quarters or rental income potential. Heating is provided by an oil-fired hot water baseboard furnace for the apartment and a wood-fired forced hot air furnace for the garage. Its prime location in Western Maine, approximately 45 minutes from Sugarloaf USA and Saddleback Ski Resorts, makes it ideal for a variety of commercial ventures or as a recreational camp and equipment storage facility. The property's versatility and high-traffic location offer significant potential for a wide range of businesses or personal uses. This is a rare opportunity to acquire a well-situated commercial property in a desirable area of Maine.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Strong
- County
- Franklin
- State
- Maine
- Longitude
- -70.22083
- Latitude
- 44.7682
