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174-176 Croswell Road

Farmington, ME 04938
  • $119,900
  • STATUS: Active
  • MLS #: 1534826
UPDATED: 45 min ago
$119,900
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 362
    SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1900
County:
Area:

School Ratings & Info

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Description

Farmington Falls- Incredible opportunity for investors/business owners! Multiple lots include the Farmington Falls post office with an existing long term lease and a lot that is currently leased through January of 2024. The lot is approved for a commercial store build with dimensions and permit available upon request. The former site of a successful corner store with over 150 years of history, this spot has excellent drive-by visibility. The post office lease is valid through February of 2024 which includes an additional 5 year lease option and increased rental income effective at renewal. A new metal roof was just recently installed, ensuring years of maintenance free usage. Enjoy the safety of a government tenant at the same location for over a century along with the development opportunity of an adjacent lot!

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-10-03T12:48:23.26.
www.linscottrealestate.com/homes/130474470
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174-176 Croswell Road Farmington, ME 04938

  • Price: $119,900
  • Status: Active
  • On Site: Days
  • Updated: 45 min ago
  • MLS #: 1534826
0
Beds
0
Baths
0
½ Baths
0.17
Acres
362
SQFT
$331
$/SQFT
1900
Built
Neighborhood:
Farmington
County:
Franklin
Area:
Farmington
Property Description
Farmington Falls- Incredible opportunity for investors/business owners! Multiple lots include the Farmington Falls post office with an existing long term lease and a lot that is currently leased through January of 2024. The lot is approved for a commercial store build with dimensions and permit available upon request. The former site of a successful corner store with over 150 years of history, this spot has excellent drive-by visibility. The post office lease is valid through February of 2024 which includes an additional 5 year lease option and increased rental income effective at renewal. A new metal roof was just recently installed, ensuring years of maintenance free usage. Enjoy the safety of a government tenant at the same location for over a century along with the development opportunity of an adjacent lot!
Exterior Features

Construction Wood Frame Exterior Vinyl Siding Parking 5 - 10 Spaces Roof Metal

Interior Features

Basement None Heat Fuel Oil Heat System Forced Air

Property Features

Electric Circuit Breakers Full Tax Amount Amount 900.48 Leased Land No Leases Yes Location Business District Property Uses GovernmentalOther Sewer Public Sewer Surveyed Yes Tax Year 2021 Water Public Zoning Village Business Zoning Overlay No

Listing provided courtesy of Brookewood Realty: [IDXCONTACTINFORMATION].

© 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-10-03T12:48:23.26.
 
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Linscott Real Estate
22 Cottage Road
South Portland ME, 04106
Mortgage Calculator tool is provided by BoomTown.