25 Douglas HwyLamoine, ME 04605
- Retail properties
- 7,800 SF
Property Details for 25 Douglas Hwy
- Year built
- 1989
- Lot size
- 2.57 AC
- Property size (Sq ft)
- 7,800 SF
- Zone code
- CDD
- Property type
- Retail properties
- Property subtype
- Other retail properties
- APN
- ELLH M:016 B:035 L:000 U:000
- APU
- ELLHM016B035L000U000
Description
This exceptional 10,700 square foot commercial building is situated on a generous 2.57-acre lot in Lamoine, ME, at 25 Douglas Highway. Its prime location offers easy access to major shopping areas, ensuring high visibility and convenient access for customers and employees. The property is ideal for a variety of commercial uses, offering a flexible and adaptable layout. The ground floor boasts 7,800 square feet of versatile space, including ten individual offices, perfect for a multi-tenant operation or a large company requiring multiple departments. A substantial 40' x 40' showroom/retail space provides ample room for product display and customer interaction. Three bathrooms cater to the needs of both employees and clients. A large 35' x 40' warehouse and storage area offers significant capacity for inventory or equipment, complemented by several additional utility rooms for various operational needs. Upstairs, an additional 2,600 square feet of space provides further opportunities. This area features a large open area measuring 30' x 35', suitable for a variety of uses, including additional office space, a production area, or a break room. A large file storage room ensures efficient document management, and a dedicated conference room provides a professional setting for meetings and presentations. The property is offered at $575,000 and presents a compelling investment opportunity for businesses seeking a well-equipped and strategically located commercial space. The combination of ample space, versatile layout, and convenient location makes this property a truly exceptional offering.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,895,672
- 6.5%
- $1,749,851
- 7%
- $1,624,862
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,568,253
- Geo Method
- $2,568,253
-
Alternative Use
- Use
- Valuation
- Residential
- $1,476,065
- Hospitality
- $1,352,068
- Educational
- $1,124,904
- Medical
- $1,163,592
- Retail
- $1,749,851
Location Insight
- City
- Lamoine
- County
- Hancock
- State
- Maine
- Latitude
- 44.5257
- Longitude
- -68.3887
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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