This property offers multiple revenue streams with both a 3 BR home and a 1200 sq ft plus commercial building. The commercial building is currently used as a retail and manufacturing space for medical cannabis. The commercial space offers approximately 400 sqft of retail show room and over 800 sq ft of production space which includes a kitchen/lab area. Behind the commercial building is a separate office space/outbuilding. The 3 bedroom home has 1.5 baths, large kitchen and dining room space and a full unfinished basement. High visibility corner lot on a high traffic road. Large parking lot. This property includes the only medical cannabis license in Farmingdale that will transfer with the sale. Recreational manufacturing and retail cannabis is a possibility at the location.
A rare gem in the heart of Farmingdale! This 5 acre site offers over 300 feet of frontage on busy Route 201/27, the retail hub of the town. The rear of the property abuts the Kennebec River Rail Trail and offers seasonal views of the river. Currently there are three existing buildings: Building # 1 is a two-story home with 3 bedrooms and 1 bath. Building # 2 consists of a 1 bedroom, 1 bath apartment with a one-car garage. Building # 3 is a small storage shed. Neighboring properties include a Dunkin Donuts and Another Man's Treasure. This property is ideal for redevelopment with possibilities of renovating the existing buildings, converting to a self-storage facility, residential apartments, and more subject to town of approval.
The median home value in Farmingdale, ME is $330,000. This is higher than the county median home value of $274,300. The national median home value is $338,100. The average price of homes sold in Farmingdale, ME is $330,000. Approximately 61.35% of Farmingdale homes are owned, compared to 20.82% rented, while 17.84% are vacant. Farmingdale real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Farmingdale real estate agent to arrange a tour today!
Farmingdale, Maine has a population of 2,987. Farmingdale is less family-centric than the surrounding county with 22.01% of the households containing married families with children. The county average for households married with children is 24.69%.
The median household income in Farmingdale, Maine is $59,519. The median household income for the surrounding county is $58,097 compared to the national median of $69,021. The median age of people living in Farmingdale is 40.3 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 10.1 degrees. The average rainfall is approximately 45.3 inches per year, with 69.2 inches of snow per year.