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44 Allen Rd Lovell, ME 04051

Mixed-use properties Google Maps
4,446 SF 2.75 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US42-0147750

Property summary

AI-generated overview

This exceptional mixed-use property, located at 44 Allen Road in Lovell, Maine, presents a unique investment opportunity. The building boasts a substantial 4,446 square feet of space, offering versatility for a variety of commercial and residential uses. Situated on a generous 2.75-acre lot, the property provides ample space for expansion, parking, or outdoor activities. The asking price is $740,000, reflecting the significant potential this property offers. Its prime location in Lovell provides easy access to local amenities and attractions, making it an ideal choice for entrepreneurs and investors seeking a blend of commercial and residential space. The substantial square footage allows for creative adaptation to suit diverse business needs, while the residential component offers additional income potential or comfortable living quarters. The expansive lot offers significant flexibility for future development or simply provides a spacious and attractive setting. This property is a rare find in the desirable Lovell market, combining the benefits of a thriving commercial location with the convenience of residential space. Serious inquiries are encouraged to explore the possibilities this unique property presents. The property's size and location make it an attractive investment for those seeking a strong return on investment in a picturesque Maine setting. Don't miss this chance to own a piece of Lovell's vibrant community.

Property profile

Verified
Property type Mixed-use properties
Total area 4,446 SF
Lot 2.75 ac (119,790 SF)
UPID US42-0147750

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nightclub Bar & Pub
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
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by Request
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Blend (final) Blend
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Owner & transaction history

Comparables

2 recent transactions · within 1.5 mi
Comparable in this city
2 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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