
Description
Great opportunity to acquire a new business condominium at $158/SF. Unit 102 comprises 2,496 square feet in Phase 1 of the Village Plaza, a new three-tenant retail strip center. It's challenging to find new space with parking included at such a low cost. One could not build it at this price. Optimal owner-users include retail, office and personal services including a small gym, nail and hair salon, among others. The three other units of Phase 1 are occupied, Asian Taste leases 101 and Five Ponds Public House leases 103 & 104. Phase 2 and 3 pad sites are approved, each for up to 9,999 SF buildings, at $175,000 and $325,000, respectively. Light industrial 'flex space' is the highest and best use. Phase 3 is improved with a 3 bedroom ranch.2021 CAM is $2.98/square foot.
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0BEDS
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9.6ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Great opportunity to acquire a new business condominium at $158/SF. Unit 102 comprises 2,496 square feet in Phase 1 of the Village Plaza, a new three-tenant retail strip center. It's challenging to find new space with parking included at such a low cost. One could not build it at this price. Optimal owner-users include retail, office and personal services including a small gym, nail and hair salon, among others. The three other units of Phase 1 are occupied, Asian Taste leases 101 and Five Ponds Public House leases 103 & 104. Phase 2 and 3 pad sites are approved, each for up to 9,999 SF buildings, at $175,000 and $325,000, respectively. Light industrial 'flex space' is the highest and best use. Phase 3 is improved with a 3 bedroom ranch.2021 CAM is $2.98/square foot.

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© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-05-23T23:48:13.47.
