176 Us-1Freeport, ME 04032

  • Retail properties
  • 3,380 SF
For Sale
$675,000 View listing

Property Details for 176 Us-1

Year built
1850
Lot size
1.00 AC
Property size (Sq ft)
3,380 SF
Property type
Retail properties
Property subtype
Retail space

Description

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.

Location Insight

City
Freeport
County
Cumberland
State
Maine
Latitude
43.821
Longitude
-70.1423

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