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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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150 U.S. 1 , Freeport, ME 04032
$735,000
Est. Payment: $1,633.33/mo
0 Bed
0 Bath
1616 Sqft
Status: Active | Days on site: 9
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House 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. Currently, this is a single commercial unit and a well-maintained site. 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.

Highlights

Listed by Emily Theriault , 207-716-6335 Portside Real Estate Group , 207-495-3700.

Property Type

Commercial Sale

Lot/Acreage
1.26

Year Built

2004

County

Cumberland

Listing ID

1675705

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Heat Pump
Fireplaces:
Floor:Carpet,Laminate,Ceramic Tile
Basement:Full,Unfinished
Water:Public

Exterior Features

Lot:Near Shopping,Near Turnpike/Interstate
Zoning:GC
Roof:Shingle
Sewer:Public Sewer
Parking Features:21+ Spaces,Paved,On Street
Principal Interest
$1,633
Taxes
$469

Home Price

$735,000

Loan Details

30 yrs
%

Down Payment

20%
$147,000
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Monthly Price:
$1,633.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,633.33 $468.56 $0.00 $2,101.90
Yearly $19,600.00 $5,622.75 $0.00 $25,222.75
Total $588,000.00 $168,682.50 $0.00 $756,682.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Freeport, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.