Commercial for Sale: 1424 U.S. Rt 1, Hancock, ME 04640

$499,000
$499,000
1424 U.S. Rt 1, Hancock, ME 04640
$499,000
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Price:
$499,000
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Type Commercial
Square Feet 4,500 sqft
Lot Size 0.60 acres
Year Built 9999
Taxes Paid $1,998
City Hancock
County Hancock
MLS 1609707
Status Active
DOM 37 days
Unique opportunity for retail cluster development on US Rt 1, Maine's premier coastal tourism route. Multiple opportunities for synergistic development of approximately 3,000 sq ft includes four shops sharing high visibility road frontage, lit monument signage, excellent traffic (ADT estimate 10,000 vehicles daily), and ample parking. A cozy, 1,500 sq ft second floor apartment offers additional revenue or the option to make this a lifestyle business with your own year-round home less than 5 miles from the ocean. Current owner of this property has retired and opted to leave two units vacant pending sale to a new owner with a development plan to capitalize on this opportunity. Current occupants are owners-at-will without lease agreements.

Room Features

Basement Description Crawl Space, Unfinished, Dirt Floor

Lot & Building Features

Tax Year 2023
Taxes Paid $1,998

Price History of 1424 U.S. Rt 1, Hancock, ME

Date Name Price Difference
11/18/2024 Listing Price $499,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Wayne Bailey
Direct: 603-765-3564
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Maine Real Estate Brokerage, George MacLeod 207-702-9146
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1424 U.S. Rt 1 (MLS #1609707) is a commercial listing located in Hancock, ME. This is a commercial listing with a lot of 26,136 sqft (or 0.60 acres). This property was listed on 11/18/2024 and has been priced for sale at $499,000.

Nearby zip codes are 04605, 04634, 04664 and 04677. This property neighbors other cities such as Franklin, Lamoine, Sorrento and Sullivan.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Maine Real Estate Brokerage

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.