104 Temple Rd Farmington, ME 04938
This meticulously maintained 1,000+ square foot commercial building at 104 Temple Road, Farmington, ME, presents a unique investment opportunity. Currently operating as a hair salon, the property boasts a pristine interior featuring a new roof, a new heat pump, and newly installed interior walls. The building's design is ideally suited for drive-through service, significantly enhancing its versatility. Ample off-street parking accommodates numerous vehicles, and the property offers considerable room for expansion. The location is exceptionally well-suited for various businesses, including but not limited to coffee shops, fast-food establishments, or food trucks. The existing washer/dryer and refrigerator are included in the sale. The kitchen area offers potential for expansion or conversion into living space, making this a truly multi-purpose property. The existing business is not included in the sale, but the contents are available for purchase separately. This property presents a rare chance to acquire a turn-key commercial space with significant upside potential in a desirable location. The 0.22-acre lot provides ample space for future development or expansion. The possibilities are endless! This is a must-see for any discerning investor or entrepreneur.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
RB · Farmington, MEFarmington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.