US Route 202, Winthrop, ME 04364 (MLS# 1420683)

US Route 202, Winthrop, ME 04364

$1,175,000

Property Type: Commercial Lot Size (sq. ft.): 653,400 Status: Closed

Current Price: $1,175,000 List Date: 6/19/2019 Last Modified: 12/31/2024

Overview

Description

Winthrop Lakes Estate is a 55 and older park that is licensed for 43 lots, and all lots are completely developed. The park is serviced with Public Water and Public Sewer, and the Town of Winthrop mails the bills directly to each tenant. The Sewer Department sends one bill to the owner quarterly, and he sends a bill to each tenant quarterly. The lots are large and very private. The lot rent should be increased, and a new owner could purchase one home at a time or 5 homes at a time, set them up, and sell them. There are no reasons why a new owner couldn't make $10,000 profit on each home. There are numerous potential for this park! You can't develop a park like this one at the selling price.

Listing Details MLS# 1420683

Location Information

Street #: US
Street Name: Route 202
County: Kennebec
Town: Winthrop
State/Province: ME
Zip Code: 04364
Leased Land: No
Book: 8579
Page: 035
Map: 009
Lot: 035
Zoning: Mobile Home Park
Full Tax Amount $: 10819
Tax Year: 2018
Association Y/N: No

Contract Information

Original List Price: 1300000

Property Information

Primary Use: General Commercial
Surveyed: Unknown
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
Tenancy: Multiple Tenants
Leases: Yes
Lot Size Acres +/-: 15

Status Change Info

Pending Date: 2019-08-01
Closed Date: 2019-10-29
Closed Price: 1175000

Sold Info

Appraiser Email Address: gary@savardappraisal.com

More Information

Property Features

Property Uses: Mobile/Trailer Park Parking: 21+ Spaces; On Site Electric: Circuit Breakers; Fuses; On Site Sewer: Public Sewer Water: Public Sold Terms Other: Arms Length

Documents

Deed ›

Park Disclosure ›

Income and Expenses ›

Lead Paint & Non residential disclosure ›

Map showing sewer lines ›

Rent roll without tenants name ›

Town Map ›

Listing Office: The Dot Fernald Team, Inc.

Selling Office: Berkshire Hathaway HomeServices Northeast Real Estate

Last Updated: December - 31 - 2024

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.