26 Union Park Rd Topsham, ME 04086
- Retail properties
- 1,348 SF
- 0.54 lot acres
Current Use by Public Records
- Retail properties
Property Details for 26 Union Park Rd
- Year built
- 1967
- Construction
- FRAME
- Lot size
- 0.54 lot acres
- Property size
- 1,348 SF
- Zone code
- NO
- Property type
- Retail properties
- APN
- TOPM M:U05 L:042
- APU
- TOPMMU05L042
Description
This 2,087 square foot mixed-use building presents a unique investment opportunity in Topsham, Maine. Situated on a 0.54-acre lot at 26 Union Park Road, this property enjoys a highly convenient location between Route 201 and the interstate connector, providing excellent accessibility to both Downeast and beyond. The building's previous uses included a single-family home and a first-floor office space with a second-floor apartment, demonstrating its versatility. The ample onsite parking is a significant advantage for both employees and clients. The property is zoned for a variety of professional uses, making it suitable for a wide range of businesses. A detached garage adds further utility and storage space. The building is available for immediate occupancy, allowing for a swift transition and commencement of operations. This property offers a compelling blend of location, size, and adaptability, making it an attractive prospect for those seeking a versatile commercial space in a thriving Maine community. The 0.54-acre lot provides ample space for expansion or outdoor amenities. The building's existing layout offers a solid foundation for a variety of potential uses, from professional offices to a combination of residential and commercial spaces. Its strategic location ensures high visibility and easy access for clients and employees alike.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $385,000
- 6.5%
- $375,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $330,000
- Mixed-Use
- $330,000
- Hospitality
- $370,000
- Educational
- $405,000
- Residential Income
- $410,000
- Energy
- $410,000
- Income-Based Land
- $330,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Topsham
- County
- Sagadahoc
- State
- Maine
- Longitude
- -69.9677
- Latitude
- 43.9385
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA