3,220± SF COMMERCIAL BUILDING AVAILABLE IMMEDIATELY Excellent visibility & access CO - Commercial/Office Zone On-site parking Potential for conversion to other uses Traffic Count: 20,000± VPD APPROVED FOR A DAYCARE CENTER GREAT FOR AN OWNER-USER! SALE PRICE: $349,000 ALSO FOR LEASE: $8.00 PSF NNN MALONE COMMERCIAL BROKERS 5 Moulton Street • Suite 3 Portland, ME 04101 207.772.2422 main www.malonecb.com BRANDON MITCHELL, ASSOCIATE BROKER 207.358.7057 direct 207.899.4960 direct fax 207.415.7982 mobile [email protected]FOR SALE / LEASE | RETAIL / OFFICE / SERVICE 474 MAIN STREET (ROUTE 25) - GORHAM, MAINE
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FOR SALE / LEASE | RETAIL / OFFICE / SERVICE · ASSESSORS REFERENCE: Map 30, Lot 3 PROPERTY TAXES: $3,779.10 ASSESSED VALUE: $221,000 (Building $140,200; Land $80,800) CONSTRUCTION:
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3,220± SF COMMERCIAL BUILDING
AVAILABLE IMMEDIATELY Excellent visibility & access
CO - Commercial/Office Zone On-site parking Potential for conversion to other uses Traffic Count: 20,000± VPD
APPROVED FOR A DAYCARE CENTER
GREAT FOR AN OWNER-USER! SALE PRICE: $349,000
ALSO FOR LEASE: $8.00 PSF NNN
MALONE COMMERCIAL BROKERS 5 Moulton Street • Suite 3 Portland, ME 04101
207.772.2422 main www.malonecb.com
BRANDON MITCHELL, ASSOCIATE BROKER 207.358.7057 direct 207.899.4960 direct fax 207.415.7982 mobile [email protected]
FOR SALE / LEASE | RETAIL / OFFICE / SERVICE
474 MAIN STREET (ROUTE 25) - GORHAM, MAINE
PROPERTY AND SALE INFORMATION 474 MAIN STREET (ROUTE 25) - GORHAM, MAINE
This document has been prepared by Malone Commercial Brokers for advertising and general information only. Malone Commercial Brokers makes no guarantees, representations or warranties of any kind, expressed or implied, regarding, but not limited to, warranties of content, accuracy, and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Malone Commercial Brokers excludes unequivocally all informed or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages there from. All data is subject to change of price, error, omissions, other conditions or withdrawal without notice. Malone Commercial Brokers is acting as the Seller’s/Lessor’s agent in the marketing of this property. 6.7.2018
LAND SIZE: 0.34± Acre
FRONTAGE: 120± feet on Route 25 (Main Street)
BUILDING SIZE: 3,220± SF
ZONE: Commercial/Office
DEED: Cumberland County Registry of Deeds Book 21566, Page 341
ASSESSORS REFERENCE: Map 30, Lot 3
PROPERTY TAXES: $3,779.10
ASSESSED VALUE: $221,000 (Building $140,200; Land $80,800)
CONSTRUCTION: Wood Frame
FOUNDATION: Concrete Slab
AGE: Built 1940; Renovations include: major rebuild including all systems (2001) & interior (2004)
EXTERIOR: Vinyl Siding
ROOF: Flat, asphalt
FLOORING: Carpet
HVAC: Forced hot water & Modine OHD heat (propane); (4) window A/C units
WATER/SEWER: Public water; private septic system
PARKING: 13± spaces
SIGNAGE: Pylon
ELECTRICAL: Circuit Breakers - 200 Amps, single phase
SECURITY SYSTEM: Yes
LIGHTING: Fluorescent
CEILINGS: Suspended
GENERAL PROPERTY INFORMATION
SALE & LEASING INFORMATION
SALE PRICE: $ 349,000.00
LEASE RATE: $8.00 PSF Triple Net (NNN)
EXPENSES: $2.00 PSF NNN includes taxes, insurance, water
Tenant, at their own cost, is responsible for all other utilities, lawn care, snow removal and pumping of septic when needed.
PROPERTY PHOTOS 474 MAIN STREET (ROUTE 25) - GORHAM, MAINE
The property is currently used as a retail store: Tots to Teens (clothing, toys, baby gear). The property has received Town ap-proval for a daycare facility.
The building could be converted to other uses: office, service or work-shop space.
MALONE COMMERCIAL BROKERS 5 Moulton Street • Suite 3 Portland, ME 04101
207.772.2422 main www.malonecb.com
BRANDON MITCHELL, ASSOCIATE BROKER 207.358.7057 direct 207.899.4960 direct fax 207.415.7982 mobile [email protected]
Traffic Count 18,580 VPD Traffic Count 21,350VPD
SUBJECT
NAPPI DISTRIBUTORS
1 Mile 3 Miles 5 Miles
Total Residential Population: 1,628 21,914 43,361
Average Household Income: $76,895 $71,054 $74,873
Total Businesses: 138 736 1,952
Total Employees: 1,670 10,111 36,326
AREA STATISTICS*
*Copyright 2017 Infogroup, Inc. Esri Forecasts for 2017.
The subject property is located on a high traffic corridor between Mosher Corner and downtown Gorham. The town is currently seeing a surge of economic growth.
Sebago Brewing’s 21,485 SF brewery opened in 2017 and construction is under-way on the new Station Square mixed use development on the east end of town behind the Hannaford.