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    Mixed-use properties

    445 Corinna Rd, Dexter, ME 04930

    5,100 SF 5 ac lot Built 1870
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5,100 square foot mixed-use property, situated on a 5-acre lot in Dexter, Maine, presents a remarkable investment opportunity. Boasting 400 feet of road frontage, this high-visibility location ensures significant traffic exposure, ideal for a variety of commercial ventures. The substantial building has historically served as a craft store and antique shop, demonstrating its adaptability to diverse business needs. The expansive interior offers ample space for a wide range of commercial uses, potentially including retail, office space, or a combination thereof. The property's size and layout also allow for the possibility of residential conversion, creating the unique opportunity to live above your business or convert the entire space back into a residential dwelling. The inclusion of a small garage adds further practicality and utility. This property's versatility, combined with its prime location and substantial size, makes it an attractive proposition for entrepreneurs and investors seeking a significant presence in a thriving Maine community. The ample acreage provides ample room for expansion or future development. Don't miss this chance to acquire a versatile property with significant potential in a desirable location.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1870
    Total area 5,100 SF
    Lot 5 ac (217,800 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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