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Property profile & analytics
OFF-MARKET
Mixed-use properties

368 Narragansett Trl Buxton, ME 04093

6,296 SF 2 ac lot Built 1947
Property ID
US42-0444967
Property summary
AI-generated overview

This exceptional investment opportunity in Buxton, Maine presents two fully operational, compliant commercial buildings situated on a 2-acre lot with 277 feet of prime road frontage on Route 202 (Narragansett Trail). The property boasts high visibility due to its location on this busy thoroughfare. Building 1 is a 1,352 square foot medical cannabis dispensary, currently operating and fully licensed by the state and town. Building 2 is a substantial 4,400+ square foot cultivation facility, also fully licensed and operational. This building includes four flower rooms, two vegetation rooms, a dedicated dry room, and a trim room. Both buildings are in excellent condition and well-maintained, featuring high-quality water and recently installed septic systems. The property offers significant potential for continued growth and profitability within the established cannabis industry. Owner financing is available for qualified buyers, making this a compelling opportunity for investors seeking a turnkey operation with strong existing revenue streams. The property's size and location provide ample space and visibility for continued success. This is a rare chance to acquire a thriving, established business with significant future potential.

Property profile
Verified
Property type Mixed-use properties
Year built 1947
Total area 6,296 SF
Lot 2 ac (87,120 SF)
UPID US42-0444967
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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