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150 US ROUTE 1

2,816 SF Retail Building Freeport, ME 04032 $785,000 ($279/SF)

Investment Highlights

  • 2 Buildings, 1.26± Acres
  • Ample Paved Parking
  • Prime Route One Visibility

Executive Summary

We are pleased to offer this prime Route One Freeport property for sale. The site consists of two buildings; one 2,240± SF and one 576± SF of retail/mixed-use space. The site is 1.26± acres improved by a solar array and 22,000 SF of paved parking. The property is currently occupied by Mainely Custard. The business is not a part of the sale. The property is relatively turnkey, ideal for fast casual restaurant space. There is no indoor seating as it’s been designed for window service and outside seating. The first floor of the main building is food production space, the second floor is a small apartment. The second building is also all food production space. There is a high-quality walk-in cooler and walk-in freezer that are included in the sale.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,816 SF
Building Class
C
Year Built
2004
Price
$785,000
Price Per SF
$279
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.26 AC
Zoning
C1
Parking
25 Spaces (8.88 Spaces per 1,000 SF Leased)
Frontage
176 FT on US ROUTE 1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
FPRT-000026-000066-E000000TC
Land Assessment
$231,200
Improvements Assessment
$188,500
Total Assessment
$419,700
  • Listing ID: 33703659

  • Date on Market: 10/31/2024

  • Last Updated:

  • Address: 150 US ROUTE 1, Freeport, ME 04032

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