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Property profile & analytics
OFF-MARKET
Commercial real estate

35 Cedar Ln Wales, ME 04280

6,948 SF 2.03 ac lot Built 2019
Property ID
US42-0839133
Property summary
AI-generated overview

This exceptional Maine mixed-use property, situated on a private 2.03-acre lot in Wales, offers a unique blend of residential and commercial potential. The property boasts two buildings totaling 6,948 square feet, constructed in 2019. One building measures 50x50 feet and features radiant heat and epoxy floors, while the second building measures 40x80 feet, also with epoxy floors. A six-car garage (two separate three-car garages) provides ample storage. The property includes a two-story, two-bedroom apartment with an outdoor patio and kitchen. The 400-amp underground power system ensures sufficient electrical capacity. Currently zoned Rural, this versatile property offers numerous possibilities. Included in the sale is existing cannabis growing equipment. The asking price is $700,000, translating to $100.75 per square foot. The property is available for occupancy on June 24, 2024. Detailed specifications and features are available in the provided documents. This is a rare opportunity to acquire a substantial property with significant upside potential.

Property profile
Verified
Property type Commercial real estate
Year built 2019
Total area 6,948 SF
Lot 2.03 ac (88,427 SF)
UPID US42-0839133
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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