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    OFF-MARKET
    Banks

    1298 Alfred Rd, Arundel, ME 04046-8902

    3,282 SF 2.6 ac lot Built 1994
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US42-0519053
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1298 Alfred Road in Arundel, Maine, presents a unique investment opportunity. The building offers 3,282 square feet of versatile space, ideal for a variety of office or retail uses. Its flexible layout allows for customization to suit diverse business needs. The property sits on a generous 2.6-acre lot, providing ample space for expansion, parking, or outdoor activities. A significant advantage is the inclusion of a stand-alone ATM, currently generating over 1,500 transactions monthly. The seller is offering a 5-year leaseback on this ATM, providing immediate and consistent rental income. This leaseback arrangement offers a secure return on investment while allowing the buyer time to develop their own business within the property. The property's location in Arundel offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a thriving community. The asking price for this exceptional commercial property is $450,000. Detailed financial information regarding the ATM leaseback is available upon request. This is a rare opportunity to acquire a well-situated commercial property with a built-in income stream. Don't miss out on this chance to own a piece of Arundel's commercial landscape.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1994
    Construction FRAME
    Total area 3,282 SF
    Lot 2.6 ac (113,256 SF)
    APN ARUN M:020 L:006
    UPID US42-0519053
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Christ Chrch Cong-methodi · 1 yrs held
    Christ Chrch Cong-methodi
    since 2025
    Last sale
    $460,000
    1 recorded transaction
    2025
    $460,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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