$499,000
1424 U.S. Rt 1
Hancock
Listing Courtesy of
Maine Real Estate Brokerage
1424 U.S. Rt 1, Hancock, ME 04640
Unique opportunity for retail cluster development on US Rt 1, Maine's
premier coastal tourism route. Multiple opportunities for synergistic
development of approximately 3,000 sq ft includes four shops sharing
high visibility road frontage, lit monument signage, excellent traffic
(ADT estimate 10,000 vehicles daily), and ample parking. A cozy, 1,500
sq ft second floor apartment offers additional revenue or the option to
make this a lifestyle business with your own year-round home less than
5 miles from the ocean.
Current owner of this property has retired and opted to leave two units
vacant pending sale to a new owner with a development plan to
capitalize on this opportunity. Current occupants are owners-at-will
without lease agreements.
premier coastal tourism route. Multiple opportunities for synergistic
development of approximately 3,000 sq ft includes four shops sharing
high visibility road frontage, lit monument signage, excellent traffic
(ADT estimate 10,000 vehicles daily), and ample parking. A cozy, 1,500
sq ft second floor apartment offers additional revenue or the option to
make this a lifestyle business with your own year-round home less than
5 miles from the ocean.
Current owner of this property has retired and opted to leave two units
vacant pending sale to a new owner with a development plan to
capitalize on this opportunity. Current occupants are owners-at-will
without lease agreements.
Listing Courtesy of
Maine Real Estate Brokerage
DETAILS
- Listing Id1609707
- StatusActive
- TypeCommercial Sale
- Map / Lot210 / 25
- Book / Page6895 / 438
- Waste Water DisposalPrivate Sewer, Septic Existing on Site
- WaterPrivate, Well
- Heat SystemDirect Vent Heater, Space Heater
- ElectricCircuit Breakers
- BasementCrawl Space, Dirt Floor, Unfinished
- RoofComposition, Pitched, Shingle
- FloorsConcrete, Tile, Wood
- GarageNo
- Lot FeaturesDowntown, Near Shopping, Other, Retail Strip
- Parking Features11 - 20 Spaces, Gravel, Off Street, On Site
- Checked For UpdatesWednesday, November 20, 2024 at 7:31 PM
- IDX Listing UpdatedTuesday, November 19, 2024 at 4:16 PM
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