This Commercial opportunity in one of the fastest growing cities in the state is multi-faceted. Keep the tenants, continue to lease out the building with triple net leases that yield a cap rate of around 9% and develop 10K SF - 15K SF of additional commercial buildings on the remaining +- 2 acres of land to create your own additional opportunities. Currently set up as a medical cannabis grow facility with a retail caregiver store.
Prime development opportunity on Roosevelt Trail in Windham, just by the Westbrook line! This incredible commercial parcel spans over 17 acres, offering endless potential for business expansion. The property includes a unique, eye-catching stone warehouse that sets it apart, along with a residential building in need of repair or potential repurposing. With high visibility and easy access, this location is ideal for entrepreneurs looking to make their mark in a thriving area. Build your business here and take advantage of the ample space and prime location to bring your vision to life!
The median home value in Windham, ME is $472,500. This is higher than the county median home value of $470,000. The national median home value is $338,100. The average price of homes sold in Windham, ME is $472,500. Approximately 76.5% of Windham homes are owned, compared to 11.22% rented, while 12.28% are vacant. Windham 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 Windham real estate agent to arrange a tour today!
Windham, Maine has a population of 18,343. Windham is more family-centric than the surrounding county with 31.21% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in Windham, Maine is $86,794. The median household income for the surrounding county is $80,679 compared to the national median of $69,021. The median age of people living in Windham is 40.7 years.
The average high temperature in July is 79.4 degrees, with an average low temperature in January of 10.8 degrees. The average rainfall is approximately 49.3 inches per year, with 74.3 inches of snow per year.