26 Union Park RdTopsham, ME 04086

Property Details for 26 Union Park Rd

Year built

1967

Construction

FRAME

Lot size

0.54 AC

Property size (Sq ft)

1,348 SF

Zone code

NO

Property type

Retail properties

Property subtype

Other retail properties

APN

TOPM M:U05 L:042

APU

TOPMMU05L042

Description

This 2,087 square foot mixed-use building presents a unique investment opportunity in Topsham, Maine. Situated on a 0.54-acre lot at 26 Union Park Road, this property enjoys a highly convenient location between Route 201 and the interstate connector, providing excellent accessibility to both Downeast and beyond. The building's previous uses included a single-family home and a first-floor office space with a second-floor apartment, demonstrating its versatility. The ample onsite parking is a significant advantage for both employees and clients. The property is zoned for a variety of professional uses, making it suitable for a wide range of businesses. A detached garage adds further utility and storage space. The building is available for immediate occupancy, allowing for a swift transition and commencement of operations. This property offers a compelling blend of location, size, and adaptability, making it an attractive prospect for those seeking a versatile commercial space in a thriving Maine community. The 0.54-acre lot provides ample space for expansion or outdoor amenities. The building's existing layout offers a solid foundation for a variety of potential uses, from professional offices to a combination of residential and commercial spaces. Its strategic location ensures high visibility and easy access for clients and employees alike.

• CAP approach

  CAP return

  Valuation

  6%

  $327,611

  6.5%

  $302,410

  7%

  $280,809

• Comparable approach

  Method

  Valuation

  Relative Method

  $443,847

  Geo Method

  $443,847

• Alternative Use

  Use

  Valuation

  Residential

  $255,094

  Hospitality

  $233,665

  Educational

  $194,407

  Medical

  $201,092

  Retail

  $302,410

Location Insight

City

Topsham

County

Sagadahoc

State

Maine

Latitude

43.9385

Longitude

-69.9677

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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