27 Mill St Waldoboro, ME 04572
For Lease
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This exceptional investment opportunity presents a 4,136 square foot medical office building situated on a 1.73-acre lot in Waldoboro, Maine. The single-story building, constructed in 1993 and renovated in 2001 and 2010, is zoned VILLAGE and offers a strong net lease investment with a 9.77% cap rate and a net operating income (NOI) of $73,202. The asking price is $799,000. Currently serving the community with Adolescent & Young Adult Medicine, Geriatric Medicine, and Family Medicine, this property provides ample space for medical professionals. Its strategic location and substantial lot size offer potential for future expansion or development. This property represents a compelling investment opportunity in a thriving Maine community, combining strong financial returns with a vital role in local healthcare. The building's current configuration is well-suited to its existing medical tenants, ensuring a stable income stream. This is a rare chance to acquire a well-maintained, income-producing medical office building in a desirable location.
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Waldoboro Family Medicine Pediatrician Physician
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Dr. Kevin I. Davey, MD Physician
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Nichole Kelly, FNP Physician
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Reever Laurel L Physician
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Dr. Jack L. Waterman, MD Pediatrician Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.