256 Sebago Rd Sebago, ME 04029
- Commercial real estate
- 10,000 SF
- 3.95 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 256 Sebago Rd
- Lot size
- 3.95 lot acres
- Property size
- 10,000 SF
- Property type
- Commercial real estate
Description
This exceptional 3.95-acre property in the heart of Sebago Village presents a unique investment opportunity. The versatile zoning allows for both commercial and residential uses, making it ideal for a variety of ventures. The property boasts six existing structures, offering immediate income potential and flexibility. Three commercial buildings provide ample space for various businesses. Currently, one building houses Grand Central Wine Bar, a seasonal establishment operating four months annually, offering high-end cocktails, light bites, and entertainment. A two-story barn, currently undergoing renovation, presents a prime street-side location for future commercial development. An additional vacant commercial building offers potential for a workshop, storage, food production, retail, or a coffee shop. Adding to the income stream, three year-round residential homes are currently rented, providing a steady revenue flow. Two mobile home pads are also on the property, with one currently occupied by a tenant-owner. The substantial acreage offers significant potential for future expansion, allowing for the addition of more commercial or residential units. This property is perfect for an investor seeking a mixed-use portfolio, a family compound with rental income, or a developer looking to expand existing structures or build new ones. The 10,000 square foot total building area provides ample space for immediate use and future growth. This is a rare opportunity to acquire a substantial property in a desirable Maine location with significant upside potential.
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
- Sebago
- County
- Cumberland
- State
- Maine
- Longitude
- -70.63687
- Latitude
- 43.85335