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21045886
21045905

190 Ossipee Trail W, Standish, ME 04084

FO
ME DB209748, ME
The Dunham Group
Listed by The Dunham Group
$1,100,000
530 days on market
Updated 65 days ago

170 - 190 Ossipee Trail, Standish

Details
Property Type Industrial, Land (+1)
Sub Type Commercial, Storefront
Square Footage 13,236
Units 1
NOI $80,000
Occupancy 100%
Tenancy Single
Class A
Year Built 1970
Buildings 1
Stories 1
Acreage 9.630
Zoning SCD
Investment Type Sale/Leaseback
Sale Condition Sale for leaseback

Sale Lease-back & Development Opportunity | 13,236 SF on 9.63 Acres

Marketing description

The Dunham Group is pleased to offer this sale lease-back opportunity with Steep Falls Building Supply in Standish, Maine. The real estate is a 13,236± SF building on 9.63± acres. 2.7± acres is a separate land parcel prime for development.

Steep Falls Building Supply was founded in 1973, supplying building materials and supplies to the area contractors and do-it-yourself homeowners. Located in Standish, Maine on Route 25/Ossipee Trail West - a major artery connecting the westerly towns and cities of the Greater Portland area. Its primary trade area encompasses a 20-mile radius which includes some of the Maine’s higher income demographics. Today, the business is a thriving full-service hardware and building supply that provides a full line of building products that cater to the professional contractor. Steep Falls Building Supply is a member of the True Value whole sale cooperative.

Investment highlights

• Excellent Investment Opportunity

• Includes Separate Land Parcel for Development

• NOI $80,000

• Sale Price $1,100,000

Listing Contacts

FO
ME DB209748, ME
The Dunham Group
Listed by The Dunham Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$80,000.00
$6,666.67/mo

Valuation Metrics

0
DSCR
7.27%
Cap Rate
7.27%
ROI

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