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Property profile

770 Bath Rd Wiscasset, ME 04578

OFF-MARKET
Retail properties & Spaces
Property ID
US42-0228669
View Sample
4,048 SF 0.7 ac lot Built 1975

Property summary

AI-generated overview

This exceptional 4,048 square foot retail property, situated on a 0.7-acre lot at 770 Bath Road in Wiscasset, Maine, presents a unique investment opportunity. The building boasts a large commercial area, perfect for a variety of businesses seeking increased visibility and foot traffic due to its prime location on busy Route 1. The property also includes a convenient attached two-bedroom apartment, offering the potential for owner occupancy or additional rental income, providing stability and flexibility for the investor. A substantial garage is included, providing ample storage space and potential for expansion. The property also offers significant parking potential, catering to the needs of both the business and any residential occupants. A Conex container is included in the sale, adding further versatility to the property's usage. This property is ideal for entrepreneurs looking to establish a new business in a high-traffic area or for existing businesses seeking to expand their operations and increase customer reach. The combination of commercial space and residential accommodation makes this a truly unique and attractive investment opportunity in a desirable Maine location. The asking price is $439,900.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1975
Total area 4,048 SF
Lot 0.7 ac (30,492 SF)
UPID US42-0228669

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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