1385 Main Street, Poland, ME 04274

$3,000,000
Property Type: Commercial Lot Size (sq. ft.): 182,516 Status: Closed
Current Price: $3,000,000 List Date: 1/24/2014 Last Modified: 12/05/2024

Overview

Description

GAI $288,447 Underwritten NOI with vacancy, maintenance and reserves of $268,110 asking cap rate of 8.25% NNN Leased investment offering with Family Dollar, Dunkin Donuts, Subway, Northeast Bank and others.

Listing Details MLS# 1121416

Location Information

Street #
1385
Street Name
Main
Street Type
Street
County
Androscoggin
Town
Poland
State/Province
ME
Zip Code
04274
Leased Land
No
Book
6180
Page
75
Map
15
Lot
5
Zoning
none
Full Tax Amount $
28205
Tax Year
13
Association Y/N
No

Contract Information

Original List Price
3250000

Property Information

Primary Use
Retail
Surveyed
Yes
Deed/Conveyance Type Offered
Warranty
Deed
All
Year Built
2005
Lot Size Acres +/-
4.19

Status Change Info

Pending Date
2014-05-15
Closed Date
2014-08-07
Closed Price
3000000

Commercial Bldg Information

Confidentiality Statement
No
Retail SqFt
20160

Utilities

Utilities On
No

More Information

Location

Retail Strip
Yes

Property Uses

Retail
Yes

Construction

Steel Frame
Yes

Basement

Slab
Yes

Foundation Materials

Poured Concrete
Yes

Exterior

Clapboard
Yes

Roof

Membrane
Yes

Heat System

Hot Air
Yes

Heat Fuel

Propane
Yes

Cooling

Central Air
Yes

Floors

Tile
Yes

Parking

21+ Spaces
Yes
On Site
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Private Sewer
Yes

Water

Private
Yes

Property Features

Location: Retail Strip Construction: Steel Frame Property Uses: Retail Basement: Slab Foundation Materials: Poured Concrete Exterior: Clapboard Roof: Membrane Heat System: Hot Air Heat Fuel: Propane Cooling: Central Air Floors: Tile Parking: 21+ Spaces; On Site Electric: Circuit Breakers Gas: Bottled Sewer: Private Sewer Water: Private
IDX
Listing Office: Better Homes & Gardens Real Estate/The Masiello Group
Selling Office: Better Homes & Gardens Real Estate/The Masiello Group
Last Updated: December - 05 - 2024
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