176 Us-1 Freeport, ME 04032
- Retail properties
- 3,380 SF
- 1.00 lot acres
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Candy Store / Costume Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 176 Us-1
- Year built
- 1850
- Lot size
- 1.00 lot acres
- Property size
- 3,380 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional Freeport, Maine investment opportunity presents a 3,380 square foot mixed-use building situated on a one-acre lot at 176 US Route One. The property boasts excellent visibility from Route One and I-295, offering significant signage potential. The building, constructed in 1850 and featuring two stories, comprises three units: a 1,974 square foot ground floor commercial space currently occupied, and two newly remodeled, one-bedroom, one-bathroom residential units on the second floor, totaling 1,406 square feet. The property is fully occupied, offering immediate income potential. The permitted zoning is C1. Ample paved parking is available on the property. This owner-user investment presents a rare chance to acquire a well-located, income-producing asset in a thriving Maine community. The building's blend of commercial and residential space provides diverse income streams and potential for future development. The property's prime location and high visibility make it an ideal investment for both owner-occupants and investors seeking strong returns.
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
- Freeport
- County
- Cumberland
- State
- Maine
- Longitude
- -70.1423
- Latitude
- 43.821
