174 Bath RdBrunswick, ME 04011

Property Details for 174 Bath Rd

Year built

1977

Construction

FRAME

Lot size

0.70 AC

Property size (Sq ft)

3,705 SF

Property type

Retail space

APN

BRUN M:CC1 L:033

APU

BRUNMCC1L033

Description

Cooks Corner Shopping Center, located at 174 Bath Road in Brunswick, Maine (zip code 04011), presents a prime retail investment opportunity. This established shopping center, totaling 302,003 square feet, boasts a desirable location within Cumberland County's CC - Regional Business Commercial District zoning. Built in 1965 and extensively renovated in 2019, the property offers ample parking with 1,662 spaces to accommodate customers. Currently, there are 8,745 square feet of vacant retail space available, divisible into units ranging from a minimum of 1,924 square feet to a maximum contiguous space of 4,021 square feet. The property sits on a substantial 32.5-acre lot, ensuring ample room for expansion or future development. This multi-tenant shopping center benefits from high visibility and significant foot traffic, making it an ideal location for a variety of retail businesses. The property's recent renovation ensures modern amenities and a well-maintained environment, attracting both tenants and customers. This is a rare opportunity to acquire a well-established retail center in a thriving Maine community. The property's size and location offer significant potential for growth and return on investment. Interested parties should inquire for further details and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $900,444

  6.5%

  $831,179

  7%

  $771,809

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,219,920

  Geo Method

  $1,219,920

• Alternative Use

  Use

  Valuation

  Residential

  $701,131

  Hospitality

  $642,232

  Educational

  $534,330

  Medical

  $552,706

  Retail

  $831,179

Location Insight

City

Brunswick

County

Cumberland

State

Maine

Latitude

43.9067

Longitude

-69.9218

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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