Mixed Use Building for Sale with Owner Occupant Space Available

Retail-Commercial for Sale
Catylist Listing ID: 30861233
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 3,094 SF
Gross Building Area: See Agent
Gross Land Area: 1.82 Acres
Sale Price: $350,000
Unit Price: $113.12 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Grammy's Bakery & Deli
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/19/2024

Overview / Comments

Multi tenant building with former bakery/restaurant for sale (karate studio is other tenant under lease) ideally located on Route 25/Ossipee Trail West just past Standish Center. Bakery space is 1,800 sf with open seating/retail area, large counter and cashier area, storage room and kitchen area with great visibility and easy accessibility. Large pylon sign and other tenant is karate studio in 1,200 sf so work in one and rent the other to cover your mortgage! Two spaces are separately metered for utilities. Bakery also available for rent for $1,800 per month Modified Gross. Additional 3.57 acre parcel in rear available for sale for $125,000.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: STAN-000010-000000-000013
Zoning: TOWN GATEWAY
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Area Description: Ideal location just minutes from Standish Center.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,094 SF
Property Condition: Average
Year Built: 1965
Year Renovated: 1990
Roof Type: Arched
Construction/Siding: Vinyl Siding, Wood Frame, Wood Siding
Total Parking Spaces: 10
Parking Type: Surface
Zoning Description: Town Gateway Corner District
Lot Frontage: 150
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,257 3,332 15,180
Median Age: 40.06 41.21 39.89
Households: 483 1,305 5,728
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.