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    1448 Main Street

    Palmyra, ME 04965
    • $1,500,000
    • STATUS: Active
    • MLS #: 1503932
    UPDATED: 43 min ago
    $1,500,000
    • 0
      BEDS
    • 3.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,528
      SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2006
    County:
    Area:

    School Ratings & Info

    Mortgage Calculator tool is provided by BoomTown.

    Description

    Rare Sale-Leaseback Investment Opportunity located on Main Street in Palmyra, just 1 mile from Exit 157 of I-95, this incredible site is located just outside the business district of Newport.Care Services Co. will lease from the new owner on a 7 year leaseback. This beautiful property also includes a 3 bedroom 2 bath home with attached garage as well as a separate detached garage currently used for the home or can be rented for additional storage and income, 34 self storage units and a land lease (or development site for more self storage units). This is a fantastic opportunity for growth with this investment that provides upside with further development while providing stabilized income.

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    Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
    © 2021 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2021-09-26T11:47:30.15.
    www.yoursouthernmaineagent.com/homes/120114312
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    1448 Main Street Palmyra, ME 04965

    • Price: $1,500,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 1503932
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.1
    Acres
    9,528
    SQFT
    $157
    $/SQFT
    2006
    Built
    Neighborhood:
    Palmyra
    County:
    Somerset
    Area:
    Palmyra
    Property Description
    Rare Sale-Leaseback Investment Opportunity located on Main Street in Palmyra, just 1 mile from Exit 157 of I-95, this incredible site is located just outside the business district of Newport.Care Services Co. will lease from the new owner on a 7 year leaseback. This beautiful property also includes a 3 bedroom 2 bath home with attached garage as well as a separate detached garage currently used for the home or can be rented for additional storage and income, 34 self storage units and a land lease (or development site for more self storage units). This is a fantastic opportunity for growth with this investment that provides upside with further development while providing stabilized income.
    Exterior Features

    Parking 11 - 20 SpacesGarageOn SitePaved

    Property Features

    Full Tax Amount Amount 6923.00 Leased Land No Property Uses CommercialFreestanding Building Surveyed Unknown Tax Year 2020 Zoning None Zoning Overlay Unknown

    Listing provided courtesy of Keller Williams Realty.

    © 2021 Maine Real Estate Information System, Inc. All Rights Reserved.

    Mortgage Calculator is provided by BoomTown.

    Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
    © 2021 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2021-09-26T11:47:30.15.
     
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    Keller Williams Realty
    50 Sewall Street
    Portland ME, 04102
    Mortgage Calculator tool is provided by BoomTown.