Waterboro ME Commercial for Sale

The median home value in Waterboro, ME is $394,700. This is higher than the county median home value of $292,800. The national median home value is $219,700. The average price of homes sold in Waterboro, ME is $394,700. Approximately 66.96% of Waterboro homes are owned, compared to 4.69% rented, while 28.35% are vacant. Waterboro real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Waterboro real estate agent to arrange a tour today!


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Type:
Mixed Use
Sq.Ft.:
2,277
Status:
Active
Beds:
n/a
Lot size:
1.02 Acres
Year built:
1905
Baths:
MLS#:
1588385

ADDITIONAL INFORMATION

Opportunity is knocking! Great Location! This property has 1.02 acres on a major Road with 200' of road frontage so you are allowed 2 businesses here or an in-home business where you could have one non-family member employee. There is plenty of space for a drive-thru window also with two existing driveways, so you already have an entrance and exit. Property is currently being used as a Beauty Salon with living space on the 2nd floor. This is in the Village zone so there are several businesses allowed. See the property disclousures for more information! See also MLS #1588234

Type:
Retail
Sq.Ft.:
10,112
Status:
Active
Beds:
n/a
Lot size:
9.6 Acres
Year built:
2019
Baths:
MLS#:
1578408

ADDITIONAL INFORMATION

Ideal 1031 investment opportunity with the fully-leased 10,112 +/- SF Phase 1 building and conditional approvals in place for Phases 2 and 3. It's a yield & value-add play; earn 8.32+% stabilized unlevered return with unrealized value from conditionally approved plans and some infrastructure in place. Cost to build Phase 1 and secure conditional approvals and infrastructure for the other buildings and associated land costs today would far exceed its list price. Town of Waterboro is business-friendly and would consider changes to the building dimensions if a buyer is interested. 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, office and residential. Family Dollar and Ace Hardware are located to the right of the Village Plaza.

Type:
General Commercial
Sq.Ft.:
5,308
Status:
Active
Beds:
n/a
Lot size:
4.08 Acres
Year built:
2002
Baths:
MLS#:
1578729

ADDITIONAL INFORMATION

MANY OPPORTUNITIES POSSIBLE-With this commercial property located on Main Street in Waterboro! Front building is currently Country Girl Cafe and Sandwich Shop. Back building, what was once a car wash, could be used for multiple options. Repair shop, office space, etc. Square footage is based on town records. Cafe is approximately 952 square feet. Back building is approximately 4,356 square feet. Buyers are encouraged to do their own due diligence with the Town of Waterboro for interested use.

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Andrea Conner, License DB922721, Xome Inc., License AC90602770, AndreaD.Conner@Xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

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