1705 Us-202 Winthrop, ME 04364
- Office Properties & Spaces
- 130,000 SF
- 18.96 lot acres
Current Use by Public Records
- Isalis / Boutique / Women'S Clothing Store
- Party City / Candy Store / Costume Store
- Skunk Funk / Clothing Store / Corporate Campus
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 1705 Us-202
- Year built
- 1971
- Lot size
- 18.96 lot acres
- Property size
- 130,000 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Mixed-use properties
Description
This exceptional 130,000 square foot industrial/office complex in Winthrop, Maine, presents a compelling investment opportunity. Situated on a substantial 18.96-acre lot with 850 feet of frontage on heavily trafficked US Route 202, this property boasts significant visibility and accessibility. The single-story, 1971-built building underwent extensive renovations in 2020 and further upgrades exceeding $700,000 since 2022, including new LED lighting, flooring, a modern conference room, and updated HVAC systems. Currently operating as a multi-tenant property with a diverse tenant mix, it offers a solid income stream. Approximately 21,500 square feet of vacant space presents immediate potential for owner-occupancy or further lease income generation. The property features 17-foot ceilings, two loading docks, and is zoned for general commercial use. This is a rare opportunity to acquire a well-maintained, high-traffic, income-producing property with significant upside potential in a desirable Maine location. The asking price is $9,950,000, translating to $76.54 per square foot. A detailed offering memorandum is available upon request.
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
- Winthrop
- County
- Kennebec
- State
- Maine
- Longitude
- -69.9596
- Latitude
- 44.304
