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Property profile & analytics
OFF-MARKET
Commercial real estate

62 Chicopee Rd Buxton, ME 04093

Property ID
US42-0206112
Property summary
AI-generated overview

This exceptional investment opportunity in Buxton, Maine, presents a 9,392+-square-foot mixed-use property ideally situated minutes from Greater Portland. The property boasts a 5,100+-square-foot commercial event space, "The Roost," complete with a commercial kitchen, perfectly suited for catering services and various events. The existing business operations within the event space are available for sale with the property. Adding to its versatility, the property includes two residential dwellings generating multiple income streams. The main house, a substantial 2,528+-square-foot structure, features two floors, each with a full kitchen, full bath, and bedrooms/offices, plus additional basement rooms for storage or extra space. Handicap accessibility is a key feature on the first floor of the house. A second, 624+-square-foot apartment offers one bedroom and potential for handicap accessibility. All buildings are equipped with durable metal roofs. Each dwelling has its own septic and heating system, and the property shares a well. Ample on-site parking accommodates 75+ vehicles. Three-phase power is available at the street. This Class C property offers significant potential for both income generation and owner occupancy. The combination of event space, commercial kitchen, and two residential units provides a unique and lucrative investment opportunity.

Property profile
Verified
Property type Commercial real estate
UPID US42-0206112
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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CAP Approach CAP
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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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