11 Liberty Rd Washington, ME 04574
- Commercial real estate
- 600 SF
- 1.00 lot acres
Current Use by Public Records
- United States Postal Service / Post Office / Logistics Service
Property Details for 11 Liberty Rd
- Year built
- 1975
- Lot size
- 1.00 lot acres
- Property size
- 600 SF
- Property type
- Commercial real estate
- APN
- WSHG-000018-000000-000037
Description
This 600 square foot retail property located at 11 Liberty Rd, Washington, ME 04574, is offered at $107,500, representing a 7.00% cap rate and a price per square foot of $179.17. The property features a single tenant with a remaining lease term of 6 years under an Absolute NNN lease structure, ensuring consistent income. Built in 1975, this one-story building boasts wood frame construction, a poured concrete slab foundation, and baseboard, heat pump, and hot water heating systems. The 1-acre lot provides ample parking for 5-10 vehicles in a paved lot. The property is zoned for rural use and has a Knox County APN of WSHG-000018-000000-000037. The current tenant is a governmental entity with a long history at this location. This presents a unique opportunity for a passive income investment with a stable, long-term tenant. Detailed lease information and property improvements are available upon request. The property is currently 100% occupied.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- Knox
- State
- Maine
- Longitude
- -69.3671622
- Latitude
- 44.2744621