Description

Fully leased commercial investment opportunity in a highly visible and desirable Freeport location. Situated on 1.26 acres along US Route 1 and I-295, this 1,616± SF, 1.5-story commercial building offers a strong combination of established tenancy, onsite parking, and long-term ownership potential. Built in 2004 and zoned General Commercial, the property provides flexibility for a variety of commercial uses. The property offers further development potential, including a second-floor apartment in the main building and additional development opportunities with the land. This is an attractive opportunity for an investor seeking an income-producing asset in the Greater Freeport market. Located in between US Route 1 and I-295 highlights excellent visibility and convenient access to Freeport, Brunswick, Portland, and surrounding communities. A compelling opportunity to acquire a leased commercial property with valuable land, established infrastructure, and multiple potential long-term uses. NOTE: Real Estate is for sale. Not the business. Lease in place until May 31, 2032. Tenant pays all utilities. Owner pays property tax, property insurance and minor building maintenance.

Full description online — scan the code for the complete listing.

Property information

Property type

Commercial Sale

Year built

2004

Living area

1,616 Sq Ft

Lot size

1.26 acres

HOA fee

None

Price / Sq Ft

$430

Days on market

26

Zoning

GC

Features

Cooling

Heat Pump

Heating

Oil · Baseboard

Flooring

Carpet · Laminate · Ceramic Tile

Parking

Paved · On Street

Roof

Shingle

Construction

Vinyl Siding

Basement

Full · Unfinished

Sewer / Water

Public Sewer · Public