UNLEASH YOUR POTENTIAL! If you've ever envisioned your own business, this property in Waterboro, with just over 2000 SF and plenty of parking, is the ideal starting point. Its previous use as a child care center is just the beginning-it's a versatile space that can be adapted to a variety of purposes. Prospective buyers will need to do their own due diligence with codes, and town officials, but the potential for inspiration is limitless.
A total of 4 buildings with 3 being tenant occupied, The Blue Door gift shop, Community Creations, gift shop, Worster Automotive. Large parking lot with plenty of parking and 2 curb cuts.
Opportunity is knocking! Great Location! This property has 1.02 acres on a major Road with 200' of road frontage so you are allowed 2 businesses here or an in-home business where you could have one non-family member employee. There is plenty of space for a drive-thru window also with two existing driveways, so you already have an entrance and exit. Property is currently being used as a Beauty Salon with a 3 bedroom, 1 bath home on the 2nd floor. This is in the Village zone so there are several businesses allowed. See the property disclosures for more information! See also MLS #1588234
Ideal 1031 investment opportunity with the fully-leased 10,112 +/- SF Phase 1 building and conditional approvals in place for Phases 2 and 3. It's a yield & value-add play; earn 8.45% unlevered return with unrealized value from certain approvals and infrastructure in place. Cost to replicate existing conditions would far exceed its list price. Town of Waterboro is business-friendly and would consider changes to the building dimensions if a buyer is interested. Light industrial and storage would be an ideal use for Phase 2 while professional would be an ideal use for Phase 3, among other uses. There is a dearth of such space in the area. Other permitted uses include retail, office and residential. Family Dollar and Ace Hardware are located to the right of the Village Plaza.
What a location to put in any multitude of businesses! This 4.5+/- acre property with 3 existing curb cuts is located right at the intersection of well traveled Route 202 and Route 5. Currently home to Woodsome's Feed and Needs! Woodsome's is a great place to get anything for home or farm. The store specializes in feed, agricultural, and miscellaneous retail items. Very profitable business with options for expansion. As part of the 4.5+/- acres is an additional lot with 420' owned on the corner of Main St (Rt 5) and Old Mast Rd. Great location and traffic count. Multiple buildings.
The median home value in Waterboro, ME is $417,000. This is lower than the county median home value of $425,900. The national median home value is $338,100. The average price of homes sold in Waterboro, ME is $417,000. Approximately 70.86% of Waterboro homes are owned, compared to 5.92% rented, while 23.22% are vacant. Waterboro 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 Waterboro real estate agent to arrange a tour today!
Waterboro, Maine has a population of 7,920. Waterboro is less family-centric than the surrounding county with 26.29% of the households containing married families with children. The county average for households married with children is 27.9%.
The median household income in Waterboro, Maine is $83,508. The median household income for the surrounding county is $73,856 compared to the national median of $69,021. The median age of people living in Waterboro is 38 years.
The average high temperature in July is 81 degrees, with an average low temperature in January of 8.3 degrees. The average rainfall is approximately 51.1 inches per year, with 74.3 inches of snow per year.