For Sale
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Property summary
This multi-purpose flex building was historically used for auto repair and sales. The first floor is configured with four shop areas and an office with a bathroom; two of the shop areas include radiant heat in the floor that requires an additional heat source to operate fully. The first floor has tall 14-foot ceilings and is set up to accommodate a range of workspace layouts. A wide staircase provides access to two large areas on the upper level; the top floor is unfinished and offers the possibility of approximately 2,400 additional square feet of usable space. Three-phase electrical service is available at the street, and the property includes a large parking area to the rear. The building is located in downtown Winthrop on busy Route 133 along a major connector road, providing suitability for a mix of work and customer-facing uses, including office, storage, light manufacturing, or retail depending on configuration.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
the Local Plumbing Inspector Abbreviations: RP - Resource Protection GR - General Residential S - Shoreland LC - Limited Commercial SP - Stream Protection GC - General Commercial PW - Public Water Supply I - Industrial V…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Derived from the Winthrop market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
V · Winthrop, MEthe Local Plumbing Inspector Abbreviations: RP - Resource Protection GR - General Residential S - Shoreland LC - Limited Commercial SP - Stream Protection GC - General Commercial PW - Public Water Supply I - Industrial V…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
the Local Plumbing Inspector Abbreviations: RP - Resource Protection GR - General Residential S - Shoreland LC - Limited Commercial SP - Stream Protection GC - General Commercial PW - Public Water Supply I - Industrial V…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for V in Winthrop, ME.
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