For Sale
$107,500

11 Liberty Rd Washington, ME 04574

Profitable Retail Space, Long-Term Lease

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This 600 square foot retail property located at 11 Liberty Rd, Washington, ME 04574, is offered at $107,500, representing a 7.00% cap rate and a price per square foot of $179.17. The property features a single tenant with a remaining lease term of 6 years under an Absolute NNN lease structure, ensuring consistent income. Built in 1975, this one-story building boasts wood frame construction, a poured concrete slab foundation, and baseboard, heat pump, and hot water heating systems. The 1-acre lot provides ample parking for 5-10 vehicles in a paved lot. The property is zoned for rural use and has a Knox County APN of WSHG-000018-000000-000037. The current tenant is a governmental entity with a long history at this location. This presents a unique opportunity for a passive income investment with a stable, long-term tenant. Detailed lease information and property improvements are available upon request. The property is currently 100% occupied.

Highlights

  • $107,500 asking price for a 600 SF retail property.
  • Absolute NNN lease with 6 years remaining.
  • 100% occupancy with a 7.00% cap rate.
  • Single-tenant building, 1 story, built in 1975, on a 1-acre lot in Washington, ME.
  • Wood frame construction with a poured concrete slab foundation.
  • Features baseboard, heat pump, and hot water heating; 5-10 paved parking spaces.

Property Details for 11 Liberty Rd

Property type
Retail properties
Square Feet
600 SF
Year Built
1975
Stories
1
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Washington
County
Knox
State
Maine
Latitude
44.2744621
Longitude
-69.3671622

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FAQs

What type of property is this?
Retail property - Profitable Retail Space, Long-Term Lease
Where is the retail property located?
The property is located at 11 Liberty Rd Washington, ME.
What is the asking price?
The asking price for this property is $107,500.
What are key features of this property?
This property features: $107,500 asking price for a 600 SF retail property.; Absolute NNN lease with 6 years remaining.; 100% occupancy with a 7.00% cap rate.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Holly Taylor
Visit Broker Website

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Useful Information

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Liberty Rd
Washington, ME 04574

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Washington, ME 04574

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

11 Liberty Rd
  • Holly Taylor
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