893 Roosevelt Trl Casco, ME 04015-3422
This exceptional commercial property, located at 893 Roosevelt Trail in Casco, Maine, presents a unique opportunity for a discerning investor or business owner. The building boasts a substantial 4,992 square feet of space spread across two stories, currently unfinished, allowing for complete customization to suit your specific needs. Situated on a generous 1.5-acre lot at the highly visible corner of Roosevelt Trail (Route 302) and Tenney Hill Road, this property benefits from exceptional exposure to a high volume of daily traffic. The commercially zoned lot offers superb visibility and accessibility. The property includes a private well and septic system, simplifying utility connections. A professional site plan is on file with the Town of Casco, which has approved permits for one apartment and one accessory apartment, adding significant potential for residential use or rental income. The building's adaptable layout is ideal for a variety of commercial uses, including retail spaces, offices, or a combination thereof. The potential for in-home occupancy further enhances the property's versatility. This is a rare opportunity to acquire a large, well-located commercial building with significant upside potential in a thriving Maine community. The asking price is $225,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
10 · Casco, MECosts & 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.