Property profile

60 Downeast Hwy Ellsworth, ME 04605

OFF-MARKET
Retail properties & Spaces
Property ID
US42-0818850
14,112 SF 1.31 ac lot Built 2009
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 14,500 square foot Class B retail property, built in 2009, offers a single-tenant occupancy opportunity. The space comprises 7,200 square feet of readily available space, perfectly suited for a variety of retail uses. The layout includes a spacious 5,000 square foot showroom area and a 2,200 square foot storage area, complemented by a convenient loading dock. The property boasts excellent visibility and accessibility, situated on Route One with a significant traffic count of 17,910 AADT (2023), ensuring high exposure for your business. Pylon signage is available, further enhancing your brand's visibility. The building features a total of 25 parking spaces for customer and employee convenience. The property is zoned CTDD and sits on a single-story building with a total of 14,500 square feet. The lease rate is $12.00 per square foot, NNN. The APN is 6920/1. This is an ideal location for businesses seeking high traffic exposure and ample space for operations and storage. Don't miss this opportunity to establish your presence in a thriving retail market.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 2009
Total area 14,112 SF
Lot 1.31 ac (57,105 SF)
Zoning code CTDD
APN ELLH M:022 B:005 L:001 U:000
UPID US42-0818850

Cap rate & NOI

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

Location

60 Downeast Hwy Ellsworth, ME 04605-1743
Ellsworth metro Census 965503
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$755k

Owner & transaction history

Zoning & alternative use

CTDD · Ellsworth, ME

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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