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Property profile & analytics
OFF-MARKET
Specialty properties

262 Main St Waterboro, ME 04030

6,422 SF 4.75 ac lot Built 1983
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Waterboro, Maine, presents a unique investment opportunity. The 4.75-acre lot, located on Route 202 near the intersection of Route 5, boasts a thriving 6,422 square foot feed and retail store (Woodsome's Feed and Needs), currently operating at 100% occupancy. The property features three existing curb cuts, offering significant potential for expansion with additional businesses. An included adjacent lot provides 420 feet of frontage on the corner of Main Street and Old Mast Road, further enhancing development possibilities. The existing building, constructed in 1983, is zoned Commercial/Village and includes 20 parking spaces. The property's prime location and high traffic count make it ideal for various ventures, including additional fast-food establishments or smaller retail shops. The asking price is $2,270,000, with a price per square foot of $353.47. The APN is WTBR-000005-000000-000052A. This property offers a blend of established income and substantial growth potential, making it an attractive investment in a desirable Maine location.

Property profile
Verified
Property type Specialty properties
Year built 1983
Total area 6,422 SF
Lot 4.75 ac (206,910 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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