Property profile

25 Douglas Hwy Lamoine, ME 04605

OFF-MARKET
Retail properties & Spaces
Property ID
US42-0812723
7,800 SF 2.57 ac lot Built 1989
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 10,700 square foot commercial building is situated on a generous 2.57-acre lot in Lamoine, ME, at 25 Douglas Highway. Its prime location offers easy access to major shopping areas, ensuring high visibility and convenient access for customers and employees. The property is ideal for a variety of commercial uses, offering a flexible and adaptable layout. The ground floor boasts 7,800 square feet of versatile space, including ten individual offices, perfect for a multi-tenant operation or a large company requiring multiple departments. A substantial 40' x 40' showroom/retail space provides ample room for product display and customer interaction. Three bathrooms cater to the needs of both employees and clients. A large 35' x 40' warehouse and storage area offers significant capacity for inventory or equipment, complemented by several additional utility rooms for various operational needs. Upstairs, an additional 2,600 square feet of space provides further opportunities. This area features a large open area measuring 30' x 35', suitable for a variety of uses, including additional office space, a production area, or a break room. A large file storage room ensures efficient document management, and a dedicated conference room provides a professional setting for meetings and presentations. The property is offered at $575,000 and presents a compelling investment opportunity for businesses seeking a well-equipped and strategically located commercial space. The combination of ample space, versatile layout, and convenient location makes this property a truly exceptional offering.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1989
Total area 7,800 SF
Lot 2.57 ac (111,949 SF)
Zoning code CDD
APN ELLH M:016 B:035 L:000 U:000
UPID US42-0812723

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility

Location

25 Douglas Hwy Lamoine, ME 04605-2522
Lamoine metro Census 965503
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

Zoning & alternative use

CDD · Lamoine, ME

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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