11 Mechanic Falls RdOxford, ME 04270

  • Investment properties
  • 12,027 SF
For Lease
$10/SF/YR View listing

Property Details for 11 Mechanic Falls Rd

Year built
1995
Construction
WOOD FRAME
Lot size
1.40 AC
Property size (Sq ft)
12,027 SF
Zone code
6
Property type
Investment properties
Property subtype
Live-work space
APN
OXRD M:U33 L:020
APU
OXRDMU33L020

Description

This exceptional mixed-use property at 11 Mechanic Falls Rd in Oxford, Maine, offers a rare opportunity to lease executive office space. The building totals 5,904 square feet, with 4,404 square feet currently vacant and available for lease. Units range from a minimum of 1,524 square feet to a maximum contiguous space of 2,880 square feet, making it ideal for businesses of various sizes. The property is zoned for mixed use, providing flexibility for a range of commercial ventures. Ample on-site parking is available for tenants and their clients, ensuring convenient access. Located in Oxford, ME, 04270, this property benefits from a strategic location within the community. The building is classified as both retail and office space, reflecting its versatility and potential. This is a multi-tenant building, offering a collaborative and dynamic work environment. The available space presents a chance to establish a prominent presence in a thriving area. Interested parties should inquire about lease terms and availability. The property's address is 11 Mechanic Falls Rd, Oxford, ME 04270.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,988,422
    6.5%
    $1,835,467
    7%
    $1,704,362
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,571,448
    Geo Method
    $1,571,448
  • Alternative Use

    Use
    Valuation
    Residential
    $2,275,979
    Hospitality
    $2,084,784
    Educational
    $1,734,516
    Medical
    $1,794,169
    Retail
    $2,698,136

Location Insight

City
Oxford
County
Oxford
State
Maine
Latitude
44.1336
Longitude
-70.4626

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,348
$60,100
$1,002,200
$1,062,300
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