400 Narragansett TRL, Buxton, ME 04093
400 Narragansett TRL, Buxton, ME 04093
400 Narragansett TRL, Buxton, ME 04093
400 Narragansett TRL, Buxton, ME 04093
400 Narragansett TRL, Buxton, ME 04093
400 Narragansett TRL, Buxton, ME 04093
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Colleen Lundgren, M.S.

Colleen Lundgren, M.S.

+1(207) 671-6026
Listed by John Graham John Graham Real Estate
$ 1,225,000
Est. payment | /mo

15,176 SqFt

Save
$ 1,225,000
Est. payment | /mo
Save

15,176 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 15,176 sqft

Price per Sqft $80

MLS Listing ID 1652311

HOA Y/N No

Year Built 1987

Tax Year 2025

Lot Size 1.600 Acres

Acres 1.6

Property Sub-Type Retail

Source Maine Listings

Land Area 15176

Property Description

Located on the corner of Narragansett Trail (Route 202) and Main Street/Portland Road, and at a lighted intersection, this highly visible property is available for sale. Aubuchon recently made a significant investment in upgrading the space it has occupied since 2003. Aubuchon has an NNN lease with performance bounces that runs through 2043. There is also an additional 3,500+/- square foot two floor front section awaiting the next owners. A strong 7.5% Cap Rate with front section vacant! Over 10% Cap Rate when leased! Perfect for an owner user looking for a high visibility location or the investor looking to add value. Priced to sell and encouraging offers.

Location

State ME

County York

Zoning Business Commercial

Direction Corner of Portland Road and Route 202(Narragansett Trail)

Rooms

Basement Bulkhead, Crawl Space, Slab

Interior

Interior Features Storage

Heating Multi-Fuel System, Blowers

Cooling Heat Pump

Flooring Heavy Duty

Exterior

Parking Features 21+ Spaces

Roof Type Metal,Shingle

Accessibility 36+ Inch Doors, Level Entry

Building

Lot Description Business District

Story 2

Entry Level Multi-Level

Foundation Block

Water Private, Well

Others

Tax ID BUXT-000010-000000-000001-000002

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Maine MLS (MREIS) IDX

Nearby Locations

Colleen Lundgren, M.S.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 671-6026

colleen@colleenlundgren.com

63 Federal St, Portland, ME, 04101, USA

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400 Narragansett TRL