US Route 1 Atlantic Highway - Light Manufacturing FOR SALE


Edgecomb, ME 04556
$2,500,000 USD
207-213-5541
US Route 1 Atlantic Highway, Edgecomb, ME for Sale
$2,500,000 USD
Light Manufacturing - FOR SALE
1/38
null | Request Cap Rate

US Route 1 Atlantic Highway
Edgecomb, ME 04556


HIGHLIGHTS

  • Multi use buildings with room for expansion
  • High visibility corner lot on coastal Route 1 with access from main road and side road
  • Open plan with radiant floor second level.
  • Heavy daytime traffic
  • Ample parking in front of buildings off route 1 and in rear off the side Dodge Road access.

OVERVIEW

A rare property w/endless opportunity; 930' of road frontage on US Route 1 plus an additional 508' on Dodge Road located between Wiscasset and Damariscotta at the head of the Boothbay Peninsula. Listing is for 10 acres and buildings only. Zoning in the Commercial Growth District. The main commercial building is an oversized 90x 108 three-story remodeled barn. The building has been completely renovated with steel beams and concrete floors with radiant heat on the first and second floors, new roof, and three phase power from Route 1. Second floor shop area has full floor drainage system that is separate from the septic. New LED lighting installed December 2024 on second floor workshop and office space. The building consists of office space and the current service area which operates as a custom body auto/motorcycle shop, parts, sales. The second building is a two-story house that has two commercial rentals on the first floor with a second-floor apartment. A third smaller 20x20 garage is behind the main building. Larger septic design available for an expanded system. Ample parking in front and rear of buildings. See list of uses attached- Mixed use commercial and residential potential in a growing area. Planning Board or CEO approval may be needed. Additional 6.5+acres available. The Wiscasset Water District has plans available for public water to be available along the Route 1 corridor all the way to Damariscotta pending a future referendum vote to be approved by the town of Edgecomb to expand the Wiscasset Water District's territory.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Route 1 Midcoast Commercial Building and Land

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Auto Repair, Manufacturing, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10

LAND SF

435,600

ZONING

Commercial Growth

APN/PARCEL ID

EDGE-000001U-000000-000013

ASK ABOUT THIS PROPERTY

Kirstie RansdellKeller Williams RealtyMore Info
207-213-5541

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Kirstie RansdellKeller Williams RealtyMore Info
207-213-5541

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