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 value-add play with Phase 1 netting a 8.0% return. 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.

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 Date04/19/2022
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

Legal

ZoningVillage

Other

Parking Spaces21+ Spaces, Off Street, Paved
View Count5

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Your Questions & Comments I would like to schedule a viewing for (ID # 1521672)

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Your Questions & Comments I found a listing on "Coldwell Banker American Heritage Real Estate" which you may be interested in:

I used to be a licensed real estate agent many years ago in CT. I have been involved in a number of R.E. transactions over the past 35 years, from Florida to Maine. It takes a unique combination of talents to reach the level of expertise that Mr. Sloan has demonstrated consistently while assisting me with the purchase of 3 properties over the last 5 or so yeras. As a rule, I do not give written recommendations. This one is truly deserved.

Dave Wilson

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