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Property profile & analytics
OFF-MARKET
Commercial real estate

114 Hancock St Rumford, ME 04276

1,869 SF 0.2 ac lot
Property ID
US42-0134162
Property summary
AI-generated overview

This 1,869 sq ft commercial building at 114 Hancock Street, Rumford, ME, presents a fantastic opportunity for expansion or a new venture. Currently operating as a successful doggie daycare and grooming business, the property offers a turnkey operation with negotiable equipment included. The top floor boasts a spacious layout, including a reception area, grooming room, kitchen, bathroom, ample storage, and a large open area ideal for various uses. Direct access to a covered area and a fully fenced outdoor space are perfect for pet-related businesses or other outdoor activities. The building's prime location on US Route 2 ensures high visibility and significant daily traffic. The lower level, previously used as an auto repair shop, offers additional space and is heated by a propane heater, accessible via a large overhead door with convenient parking directly outside. The 0.2-acre lot provides ample space for expansion or outdoor activities. This versatile property offers numerous possibilities for entrepreneurs seeking a well-located, established space with significant potential. The asking price is $249,000.

Property profile
Verified
Property type Commercial real estate
Total area 1,869 SF
Lot 0.2 ac (8,712 SF)
UPID US42-0134162
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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