For Sale
$675,000

176 Us-1Freeport, ME 04032

Route One Freeport, 3 Units, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional Freeport, Maine investment opportunity presents a 3,380 square foot mixed-use building situated on a one-acre lot at 176 US Route One. The property boasts excellent visibility from Route One and I-295, offering significant signage potential. The building, constructed in 1850 and featuring two stories, comprises three units: a 1,974 square foot ground floor commercial space currently occupied, and two newly remodeled, one-bedroom, one-bathroom residential units on the second floor, totaling 1,406 square feet. The property is fully occupied, offering immediate income potential. The permitted zoning is C1. Ample paved parking is available on the property. This owner-user investment presents a rare chance to acquire a well-located, income-producing asset in a thriving Maine community. The building's blend of commercial and residential space provides diverse income streams and potential for future development. The property's prime location and high visibility make it an ideal investment for both owner-occupants and investors seeking strong returns.

Highlights

  • Three-unit building: one commercial, two residential.
  • High visibility from Route One and I-295.
  • One-acre lot with paved parking.

Property Details for 176 Us-1

Property type
Retail properties, Retail space
Square Feet
3,380 SF
Year Built
1850
Stories
2
Lot Size (sq. ft)
43,560 SF
Units
3

Location Insight

City
Freeport
County
Cumberland
State
Maine
Latitude
43.8209613
Longitude
-70.1422707
176 Us-1, Freeport, Maine

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176 Us-1
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