1041 Main StreetWaterboro, ME 04087MLS Number 1521672

  • Price: $1,750,000
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Federal 30-year interest rate: 6.58% last updated on Nov 23, 2022
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1041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 040871041 Main Street Waterboro ME 04087
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  • 9.6Acreage
  • 2020Year Built
Three-unit Village Plaza condominium complex is improved with a 9,984 +/- SF building (Phase 1) and has approvals for up to 19,998 square feet for Phases 2 and 3, respectively. It's a yield & value-add play with a 6.9% stabilized cap rate. Light industrial (flex space) building would be an ideal use for Phase 2 and 3, among other uses. There is a dearth of such space in the area. Other permitted uses include retail, industrial, office and residential. Town of Waterboro is business-friendly and would consider changes to the building dimensions if a buyer is interested.New Family Dollar and Ace Hardware are located to the right of the Village Plaza.
Listed by Bean Group

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Coldwell Banker American Heritage Real Estate
Coldwell Banker American Heritage Real Estate
Office: 207-942-6773
510 Broadway
Bangor, ME 04401

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More Info

Location Information

  • Building Number1041
  • StreetMain Street
  • AssociationVillage Plaza

Building

  • BasementSlab
  • Stories1
  • Year Built2020
  • FoundationSlab
  • RoofComposition, Pitched, Shingle

Utilities

  • Heat SystemForced Air, Multi-Zones
  • Heating FuelGas Bottled
  • Waste Water DisposalPrivate Sewer, Septic Existing on Site
  • WaterPublic
  • CoolingCentral Air
  • ElectricCircuit Breakers, Underground
  • GasBottled

Basic Information

  • List Price$1,750,000
  • MLS Number1521672
  • Address1041 Main Street
  • Broker NameBean Group
  • Modification Date10/05/2022
  • Agent ID003210
  • Broker ID2484
  • MLS StatusActive
  • Property SubTypeGeneral Commercial

Property Information

  • Property ConditionNew Construction
  • Property UsesCommercial, Development, Flex, Freestanding Building, Neighborhood Center, Net Leased, Restaurant, Retail, Special Purpose, Strip Mall, Vacant, Warehouse
  • Zoning OverlayUnknown

Photos

  • Number of Photos16
  • Last Img Trans Date04/19/2022

Location

  • StateME
  • TownWaterboro
  • Zip04087
  • LocationBusiness District, Retail Strip
  • CountyYork
  • Map18

Property

  • Acreage9.6
  • Sq Ft Finished Total9,984
  • Association Fee$1
  • Traffic Count9400
  • Fee FrequencyQuarterly
  • Leased LandNo

Amenities

  • Other AmenitiesBasement

Other

  • Parking Spaces21+ Spaces, Off Street, Paved
  • View Count17

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