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    Property profile & analytics
    OFF-MARKET Estimated value $755,000
    Retail properties & Spaces

    60 Downeast Hwy, Ellsworth, ME 04605-1743

    14,112 SF 1.31 ac lot Built 2009
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US42-0818850
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    MAINE RETAIL PROPS LLC
    MAINE RETAIL PROPS LLC
    Zoning & alternative use
    CTDD · Ellsworth, ME
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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