185 Main St Cornish, ME 04020
- Retail properties
- 10,817 SF
- 1.00 lot acres
Current Use by Public Records
- LibertyX Bitcoin ATM / Atm
- Stone Ridge Lodge / Lodge
- Green Tip Cannabis / Store
- Sugar Shack Cafe / Cafe / Bar
- Valley Purveyors / Cannabis Store
Property Details for 185 Main St
- Year built
- 2006
- Construction
- FRAME
- Lot size
- 1.00 lot acres
- Property size
- 10,817 SF
- Property type
- Retail properties
- APN
- CNSH M:U06 L:009
- APU
- CNSHMU06L009
Description
This exceptional mixed-use property at 185 Main Street, Cornish, Maine, presents a lucrative investment opportunity. The 20,032 square foot building, constructed in 2006 and renovated in 2010, sits on a 6.13-acre lot and is zoned CB - Commercial District. The first floor boasts fully leased retail space, encompassing a full-service restaurant, barber shop, hair salon, and a cannabis store. Additionally, a four-bay garage space is available for lease, offering further income potential. The second floor comprises ten lodging rooms, each with a private bathroom and amenities, providing a steady stream of revenue from the hospitality sector. The property includes a 1.38-acre developable lot, capable of supporting a building up to 15,000 square feet, which can be purchased separately for $235,000. This presents significant expansion possibilities for the existing business or allows for the development of additional income-generating ventures. The property's prime location in Cornish, York County, Maine (04020), offers excellent visibility and accessibility. The asking price for this turnkey operation is $3,600,000. This is a rare chance to acquire a well-established, multi-faceted business with substantial growth potential. The property features one two-story building with ten keys. The APN is Map U06, Lot 009, and ownership is held by Country Home, LLC.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cornish
- County
- York
- State
- Maine
- Longitude
- -70.7878
- Latitude
- 43.8007
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA