352 Hancock St Rumford, ME 04276
This exceptional 1,428 square foot commercial building is situated on a 0.36-acre corner lot at 352 Hancock Street in Rumford, Maine. Its prime location on the heavily trafficked Route 2 corridor ensures high visibility and accessibility for any business. Previously occupied by a hair, nail, and tanning salon, this freestanding structure offers a versatile layout ideal for a variety of commercial uses. The spacious interior features a large open retail area, perfect for showcasing products or services, along with several smaller side rooms and a bathroom. Ample parking is available on-site, providing convenient access for customers and employees. The property benefits from its prominent corner location, offering excellent street frontage and exposure to passing traffic. While some deed restrictions are in place, this presents a remarkable opportunity for entrepreneurs seeking a well-located, established space to launch or expand their business in the heart of Rumford. The asking price is $220,000. Serious inquiries are encouraged.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.