20 Farley RdBrunswick, ME 04011

  • Retail properties
  • 3,328 SF
For Sale
$1,100,000 View listing

Property Details for 20 Farley Rd

Year built
2009
Construction
FRAME
Lot size
1.94 AC
Property size (Sq ft)
3,328 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
BRUN M:CC2 L:052
APU
BRUNMCC2L052

Description

This exceptional 3,328-square-foot retail building presents a unique investment opportunity in Brunswick, Maine. Situated on a generous 1.94-acre lot, the property boasts excellent visibility in a prime retail corridor, ensuring high traffic and exposure for your business. Previously operating as Winners Sports Bar & OTB, the building offers ample space for a variety of commercial uses, thanks to its GM4 zoning designation. The property's strategic location provides easy access to major highways via I-295, enhancing accessibility for both customers and employees. Its proximity to the bustling Cook's Corner shopping area, a significant retail hub encompassing over one million square feet of commercial space, further amplifies its appeal. This established retail center includes a diverse range of national and local businesses, such as Tractor Supply, Walmart, Hannaford, Planet Fitness, Jersey Mike's Subs, Staples, Applebee's, Burger King, McDonald's, KFC, Taco Bell, AT&T, Days Inn, Cumberland Farms, Prompto, Verizon, and Lowe's, creating a vibrant and thriving commercial environment. The property's size and location make it ideal for a restaurant or a wide array of other businesses seeking a high-traffic location with strong visibility and convenient access to major transportation routes. The asking price is $1,100,000.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $808,820
    6.5%
    $746,603
    7%
    $693,274
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,095,788
    Geo Method
    $1,095,788
  • Alternative Use

    Use
    Valuation
    Residential
    $629,788
    Hospitality
    $576,882
    Educational
    $479,959
    Medical
    $496,466
    Retail
    $746,603
20 Farley Rd, Brunswick, Maine
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Location Insight

City
Brunswick
County
Cumberland
State
Maine
Latitude
43.9099
Longitude
-69.9089
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,914
$261,800
$421,500
$683,300
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