150 US ROUTE 1 - Fast Food FOR SALE


Freeport, ME 04032
$750,000 USD
207-495-3700
150 US ROUTE 1, Freeport, ME for Sale
$750,000 USD
Fast Food - FOR SALE
1/43
null | 7.36% Cap Rate

150 US ROUTE 1
Freeport, ME 04032


HIGHLIGHTS

  • Fully leased; Single Tenant NNN
  • 1.26± acres
  • Built in 2004

OVERVIEW

Fully leased (NNN) 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.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$266 USD /SF

CAP RATE

7.36%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

C1

APN/PARCEL ID

FPRT-000026-000066-E000000TC

ASK ABOUT THIS PROPERTY

Emily TheriaultPortside Real Estate GroupMore Info
207-495-3700

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Emily TheriaultPortside Real Estate GroupMore Info
207-495-3700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.