502-510 Belfast Augusta Rd - Retail FOR SALE


Liberty, ME 04949
$510,000 USD
207-544-4100
502-510 Belfast Augusta Rd, Liberty, ME for Sale
$510,000 USD
Retail - FOR SALE
1/12
null | 7.54% Cap Rate

502-510 Belfast Augusta Rd
Liberty, ME 04949


OVERVIEW

The property features two long-term retail tenants with under market rents and a freestanding 28-unit self-storage facility, offering diversified revenue streams. The site is strategically located on a major route between Augusta and Belfast, benefiting from high traffic volumes and excellent visibility. Neighboring businesses & amenities include Circle K, Lake St. George Apartments, Lake St. George Brewing Company, and Lake St. George State Park among others. New roof installed in 2019, reducing near-term capital expenditure concerns. Sale Price: $510,000 (7.54% Cap Rate)

FOR SALE DETAILS

PRICE

$510,000 USD

PRICE/SF

$400 USD /SF

CAP RATE

7.54%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Tenant Investment Opportunity

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Restaurant, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Commercial

APN/PARCEL ID

LIBE-000008-000000-000060-A000000

ASK ABOUT THIS PROPERTY

Noah StebbinsThe Boulos CompanyMore Info
207-544-4100

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Noah StebbinsThe Boulos CompanyMore Info
207-544-4100

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