568 Main StFryeburg, ME 04037

Property Details for 568 Main St

Year built

1920

Construction

FRAME

Lot size

3.20 AC

Property size (Sq ft)

4,992 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

FRYE M:041 L:018

APU

FRYEM041L018

Description

This exceptional investment opportunity presents a 5,000 square foot, Class B medical office building located at 568 Main Street in Fryeburg, Maine. The property, built in 2001 and renovated in 2019, boasts three individual medical office suites, currently enjoying 100% occupancy with long-term leases. Situated on a 3.2-acre lot (APN: Map 41, Lot 18), this two-story building offers ample on-site parking both in front and rear. The high-visibility location on Main Street provides 125 feet of frontage, benefiting from significant traffic counts averaging approximately 13,000 cars per day during the summer months. Enjoy expansive mountain range views. The property is zoned Commercial and presents a compelling opportunity for owner-occupancy or continued investment. Further development potential exists, with the possibility of developing two additional building lots, per the Town of Fryeburg. The asking price is $1,400,000, translating to $280 per square foot. This is a rare chance to acquire a thriving medical office building in a desirable Maine location.

Location Insight

City

Fryeburg

County

Oxford

State

Maine

Latitude

44.0168

Longitude

-70.9817

Property Tax & Assessments

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