For Sale
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Property summary
This exceptional commercial property, located at 14 Sweden Street in Caribou, Maine, presents a unique investment opportunity. The 7,798 square foot building, constructed in 1974, sits on a 0.3-acre lot and boasts a desirable location at a four-way intersection of Main Street (ME-164), Water Street, and Hatch Drive. The property's zoning is Commercial, allowing for diverse uses. The building itself is a Class B, two-story structure with fourteen parking spaces, a significant advantage in this area. Its previous use as a bank branch offers a ready-made layout, including a two-lane drive-up window and ATM. The property's strategic location places it within easy reach of numerous businesses, including the U.S. Postal Service, Sweden Street Plaza Shopping Center, Buzzell's, Mascoto's, Caribou Public Library, Dunkin' Donuts, Hannaford, and the Caribou Theater. The property's size, location, and existing infrastructure make it an ideal investment for a variety of commercial ventures. The asking price is $300,000. The APN is Map 31, Lot 57, and the zip code is 04736. This is a rare opportunity to acquire a well-situated commercial property in a thriving Maine community. The building's traditional office and retail subtype offers flexibility for a wide range of businesses.
Property profile
VerifiedCap rate & NOI
Current use
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Bank Loan Service
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Crisis Center Medical Clinic
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Atm
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Government
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Association / Organization
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
COMMER · Caribou, MEZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for COMMER in Caribou, ME.
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Find the owner behind the property.
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