681 Bath Rd - Retail FOR SALE


Wiscasset, ME 04578
$1,975,000 USD
781-862-9700
681 Bath Rd, Wiscasset, ME for Sale
$1,975,000 USD
Retail - FOR SALE
1/9
null | 7.57% Cap Rate

681 Bath Rd
Wiscasset, ME 04578


HIGHLIGHTS

  • LONG-TERM LEASES: Subway, Marketplace Café and Garden Island Cleaners have been at the property for 10+ years.
  • Bath Ale Works recently extended its lease demonstrating their commitment to the property.
  • A RARE OPPORTUNITY: The property is one of the four largest properties in Wiscasset.
  • The property is located on US Route 1, directly across from Shaw’s Supermarket and adjacent to McDonald’s.
  • The property has excellent frontage, ample parking, and benefits from strong traffic counts of over 17,878 +/- vehicles per day.
  • Approximately 9,807 people live within a 5-mile radius of the property with an average household income of $103,460.

OVERVIEW

An exceptional chance to own one of the four largest commercial properties in Wiscasset, Wiscasset Marketplace. Located on the highly traveled Bath Road (Route 1), this 33,018 +/- SF retail and service-oriented center sits on 6.3 +/- acres with excellent visibility, high daily traffic, and a solid tenant mix. Built in 1980 and zoned BR (Regional Business), the property is well-suited for a range of retail, service, and professional uses, with excellent visibility and accessibility to the 17,878 +/- vehicles per day that travel this corridor. The center is anchored by a diverse mix of tenants including Bath Ale Works, Ashley Kate Aesthetics & Co., Midcoast Beauty Suites, Marketplace Café, Subway, Garden Island Cleaners, and Great Life Water. This property is located directly across from Shaw’s and adjacent to McDonald’s with Shaw’s serving as a shadow-anchor. This tenant lineup offers stable income and a solid foundation for investment, with upside potential from leasing three currently available suites plus a pad site. These vacancies present an excellent opportunity for additional revenue, making this a strong value-add opportunity. This property combines size, location, and flexibility in one of Maine’s most scenic and growing regions. Wiscasset Marketplace has a strong history as a retail property in a primary retail corridor which makes it a great opportunity for commercial property investors or owner-users seeking space for their business. Maine Broker of Record – Michael Cobb – Colliers

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

7.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wiscasset Marketplace - For Sale

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

126

LAND DETAILS

LAND ACRES

6.3 AC

LAND SF

274,428 SF

ZONING

BR (Regional Business)

APN/PARCEL ID

WISC-000017-000000-000005U

ASK ABOUT THIS PROPERTY

Chris McMahonSummit Realty PartnersMore Info
781-862-9700

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Chris McMahonSummit Realty PartnersMore Info
781-862-9700

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