Property profile

55 Lagrange Rd Howland, ME 04448

FOR SALE
Mixed-use properties
Property ID
US42-0298274
2,248 SF 3 ac lot Built 2006
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Property summary

AI-generated overview

This exceptional mixed-use commercial property, located at 55 Lagrange Road in Howland, Maine, presents a unique investment opportunity. Boasting 2,248 square feet of versatile space, this building is ideally situated just off Interstate 95, ensuring high visibility and convenient access for customers and employees. The property includes a spacious showroom or waiting area, perfect for showcasing products or services, and a half-bath for customer convenience. All utilities are readily available. A significant advantage is the expansive paved yard, providing ample parking for clients and staff. Further enhancing the property's functionality is a substantial attached garage, measuring 44 feet by 32 feet, offering significant storage capacity or the potential for additional operational space. The property sits on a generous three-acre lot, allowing for future expansion or outdoor activities. This property is ready for immediate occupancy and offers a blend of showroom, office, and storage space, making it suitable for a wide range of businesses. The asking price is $395,000. This is a rare opportunity to acquire a well-located, versatile commercial building in a thriving area. Don't miss out on this chance to establish or expand your business in a prime location.

Property profile

Verified
Property type Mixed-use properties
Year built 2006
Total area 2,248 SF
Lot 3 ac (130,680 SF)
UPID US42-0298274

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
  • Department Store

Location

55 Lagrange Rd Howland, ME 04448
Howland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 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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