For Sale
$395,000

784 Acadia HwyMontville, ME 04941

Montville, ME Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 784 Acadia Highway in Montville, Maine (APN: MNTV-000045-000000-000015-000001), presents a unique investment opportunity. The 4,000 square foot building, constructed in 1980, sits on a 1.5-acre lot and is currently configured as a thriving combination pizza shop, bakery, and small grocery store. The property boasts a large commercial kitchen complete with a hood, a dedicated bakery room, an ice cream room, and ample commercial coolers. Adding to its income potential, the building includes two apartments—one recently renovated and one brand new—with potential for a third unit on the main level. The apartments provide additional rental revenue streams. Situated on busy Route 3 between Belfast and Augusta, this location offers excellent visibility and accessibility. A large parking lot provides convenient parking for customers and residents. The asking price is $395,000, representing a land value of $98.75 per square foot. This turnkey business offers immediate income and significant upside potential. The property is zoned for mixed-use and offers a rare combination of commercial and residential income streams in a high-traffic location. This is an ideal opportunity for an investor seeking a strong return on investment in a well-established and thriving business.

Highlights

  • Mixed-use property at 784 Acadia Highway, Montville, ME (APN: MNTV-000045-000000-000015-000001).
  • 4,000 sq ft building on 1.5-acre lot, built in 1980.
  • Currently operates as a pizza shop, bakery, and grocery store with a large commercial kitchen, bakery room, ice cream room, and ample coolers.
  • Includes two apartments (one renovated, one new), with potential for a third.
  • High-traffic location on Route 3 between Belfast and Augusta, with ample parking.
  • Asking price: $395,000 ($98.75/sq ft land value).

Property Details for 784 Acadia Hwy

Property type
Mixed-use properties
Square Feet
4,000 SF
Year Built
1980
Lot Size (sq. ft)
65,340 SF
Units
2

Location Insight

City
Montville
County
Waldo
State
Maine
Latitude
44.40594
Longitude
-69.319275
784 Acadia Hwy, Montville, Maine

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784 Acadia Hwy
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