1298 Alfred Rd, Arundel, ME 04046-8902
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.