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Property profile

111 Main St Winterport, ME 04496

OFF-MARKET
Commercial real estate
Property ID
US42-0419882
View Sample
800 SF 0.03 ac lot Built 1900

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

Current use

Occupant on record · Public records
  • Roofing Company General Contractor

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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