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    OFF-MARKET
    Banks

    784 Acadia Hwy, Montville, ME 04941-4720

    1,662 SF 1.9 ac lot
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US42-0506501
    Property summary
    AI-generated overview

    This exceptional 1,662 square foot mixed-use building presents a unique investment opportunity in Montville, ME. Strategically located on busy Route 3, between Belfast and Augusta, this property boasts high visibility and convenient access. Currently operating as a thriving combination pizza shop, bakery, and small grocery store, the building offers significant income potential. The expansive commercial kitchen is equipped with a commercial hood, a dedicated bakery room, an ice cream room, and ample commercial coolers. Adding to the revenue stream are two apartments situated on the upper level, one recently renovated and one brand new, with potential for a third unit on the main level. The property sits on a 1.5-acre lot providing a large parking area for customers and residents. This turnkey operation offers a rare blend of established businesses and rental income, making it an ideal investment for a savvy entrepreneur or investor seeking a diversified portfolio. The building's recent renovations ensure immediate occupancy and minimal upfront investment. The high-traffic location and diverse revenue streams make this property a truly exceptional opportunity. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Total area 1,662 SF
    Lot 1.9 ac (82,764 SF)
    APN MNTV M:45 L:15.1
    UPID US42-0506501
    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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    Blend (final) Blend
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    Owner & transaction history
    Acadia Highway Apartments LLC · 5 yrs held
    Acadia Highway Apartments LLC
    since 2020
    2 recorded transactions
    2020
    2010
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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