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Off Market
$1,500,000

Palmyra, ME (Somerset County)

Size: 3.1 Acres

3.1 Acres in Palmyra, ME - $1,500,000

COMMERCIAL INVESTMENT OPPORTUNITY - MAINE

Sale leaseback opportunity for multi-tenant property. This property consists of four unique properties:

1.) Commercial building with retail sales, showroom, offices, service area, storage and delivery services. This along with 48’x36’ heated detached garage.

2.) 24-unit self-storage units built in 2016. There is room to expand this part of the business.

3.) Ground lease to local company to display their product

4.) Residential modular home built in 2018.

Owner is willing to do 5-year lease back on the residential home and there is currently a 10-year lease on the commercial building. The ground lease is good until June 1, 2022. The self-storage units are usually 100% full. All this on 3.1 acres along heavily travelled State Route 2 with 300’ of frontage and great visibility. NOTE: OWNER IS WILLING TO MOVE BUSINESS AND SELL REAL ESTAT...

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Contact Seller
AFM Real Estate

Lovell, ME

(207) 610-6938

Provided By

AFM Real Estate, (207) 610-6938
Listing last updated: February 6, 2022 at 9:53 AM
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