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    OFF-MARKET
    Commercial real estate

    111 Main St, Winterport, ME 04496

    800 SF 0.03 ac lot Built 1900
    Property ID
    US42-0419882
    Property summary
    AI-generated overview

    This exceptional 800-square-foot commercial property, located at 111 Main Street in the heart of Winterport, Maine, presents a unique investment opportunity. Situated on a 0.03-acre lot along historic Route 1A, this property boasts unparalleled visibility and accessibility. Currently configured as a photography studio, the space offers a functional and well-designed layout, perfect for a variety of businesses. Recent upgrades ensure energy efficiency and immediate occupancy. The property's versatile floor plan allows for adaptable use, catering to the needs of creative professionals or entrepreneurs seeking a turnkey solution. The asking price is $159,900. This represents a rare opportunity to establish or expand a business in a highly desirable location. Furthermore, subject to obtaining the necessary approvals from the town of Winterport, this property has the potential for conversion into a residential dwelling, adding further flexibility and investment potential. Don't miss this chance to own a piece of Winterport's vibrant Main Street.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1900
    Total area 800 SF
    Lot 0.03 ac (1,307 SF)
    UPID US42-0419882
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Marina Roofing Company Winterport Roofing Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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