833 Us Route 2 Wilton, ME 04294
This exceptional mixed-use property, located at 833 US Route 2 in Wilton, Maine, presents a unique investment opportunity. Boasting 28,000 square feet on a 19.3-acre lot, this property benefits from its high-traffic location on Route 2 and Route 4, with over 31,000 vehicles passing daily. The iconic former Wilton Tannery building retains its historical charm while offering updated construction, including three-phase power and loading docks. The property enjoys 1856 feet of direct frontage on Wilson Stream, complete with a private dam. Currently, the space is successfully leased to a gym, a sports facility, and a landscape management company, demonstrating strong rental income potential. There is significant room for expansion and additional tenants. Furthermore, participation in the Town's Tax Increment Financing (TIF) program provides substantial tax reductions for over 10 years, significantly enhancing the return on investment. This property offers a blend of historical character, modern amenities, and a prime commercial location, making it an ideal investment for a discerning buyer seeking strong cash flow and long-term growth potential. The high visibility and ample space make this a truly exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.