74 Route 133 Winthrop, ME 04364
- Showrooms
- 3,470 SF
- 0.26 lot acres
Current Use by Public Records
- Showrooms
Property Details for 74 Route 133
- Year built
- 1973
- Construction
- STEEL FRAME
- Lot size
- 0.26 lot acres
- Property size
- 3,470 SF
- Zone code
- V
- Property type
- Showrooms
- APN
- WINP M:026 L:007
- APU
- WINPM026L007
Description
This exceptional mixed-use commercial property, located at 74 Route 133 in Winthrop, Maine, presents a remarkable opportunity for a savvy investor or business owner. Boasting 3,470 square feet of usable space on a 0.26-acre lot, this building is situated on a major connector road with high traffic counts, ensuring excellent visibility and accessibility. The first floor comprises 3,100 square feet, thoughtfully divided into four shop areas and a convenient office with a bathroom. Two of the shop areas feature in-floor radiant heating infrastructure, awaiting a heat source connection. The impressive 14-foot ceilings provide ample vertical space, allowing for versatile configurations to suit a wide range of business needs. A wide staircase leads to the second floor, offering an additional approximately 2,400 square feet of unfinished space, ripe for customization and expansion. Previously utilized as an auto repair and sales facility, this adaptable building lends itself to various uses, including office space, storage, light manufacturing, or retail ventures. Three-phase power is readily available at the street, and a spacious parking area is located behind the building for customer and employee convenience. This property's prime location and substantial square footage make it an ideal investment for entrepreneurs seeking a high-impact commercial space in a thriving Maine community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $390,000
- 6.5%
- $395,000
- 7%
- $360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $345,000
- Geo Method
- $330,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $410,000
- Retail
- $355,000
- Mixed-Use
- $450,000
- Hospitality
- $465,000
- Educational
- $360,000
- Residential Income
- $465,000
- Energy
- $405,000
- Income-Based Land
- $440,000
- Food Service
- $475,000
Location Insight
- Map
- Local Demand
- City
- Winthrop
- County
- Kennebec
- State
- Maine
- Longitude
- -69.9787
- Latitude
- 44.303
- CBSA code
- 12300
- CBSA name
- AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA