237 Portland RoadBridgton, ME 04009MLS Number 1490228

  • Price: $940,000
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Federal 30-year interest rate: 2.8% last updated on Jul 29, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Pending
237 Portland Road Bridgton ME 04009237 Portland Road Bridgton ME 04009237 Portland Road Bridgton ME 04009237 Portland Road Bridgton ME 04009
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  • 1.68Acreage

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Listed by Keller Williams Realty
Attractive net leased investment offering now available in Bridgton. The property has a long history as a NAPA Auto Supply and is home to the Bridgton Water District. This two building offering has provided stable investment income with below market lease rates. The lease to NAPA has an increase in rent upon lease renewal for another 5 year term and the bump in rent mid term for the Water District provides increased cash flow in the near future. NOI- $70,433 Year offered at a 7.5% cap rate

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Location Information

  • Building Number237
  • StreetPortland Road

Property

  • Acreage1.68
  • Sq Ft Finished Total8,120
  • Leased LandNo

Property Information

  • Property UsesAuto Service, Freestanding Building, Net Leased, Office Building, Retail, Vehicle Related
  • Zoning OverlayNo

Tax Information

  • Tax Year2,020

Location

  • StateME
  • TownBridgton
  • Zip04009
  • LocationBusiness District
  • CountyCumberland
  • Map9

Other

  • View Count3

Basic Information

  • List Price$940,000
  • MAINE1490228
  • Address237 Portland Road
  • Broker NameKeller Williams Realty
  • Modification Date06/01/2021
  • Agent ID003530
  • Broker ID1898
  • MLS StatusPending

Photos

  • Number of Photos4
  • Last Img Trans Date05/04/2021
Kimberly Clarke
Kimberly Clarke
3641 White Mountain Hwy
North Conway, NH 03860

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2021 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

NHMEHOMES.com participates in ©2021 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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