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Emily Theriault

(207) 716-6335

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221 Main St
Belgrade ME 04917

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  • Classic Custard restaurant with rooftop solar panels, a covered patio, and a large parking lot.
  • 150 U.S. 1
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Courtesy of Portside Real Estate Group

$695,000

150 U.S. 1, Freeport, ME 04032

  • Sq.Ft.

    1,616

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Property Description

Fully leased commercial investment opportunity in a highly visible and desirable Freeport location. Situated on 1.26 acres along US Route 1 and I-295, this 1,616+- SF, 1.5-story commercial building offers a strong combination of established tenancy, onsite parking, and long-term ownership potential. Built in 2004 and zoned General Commercial, the property provides flexibility for a variety of commercial uses. The property offers further development potential, including a second-floor apartment in the main building and additional development opportunities with the land. This is an attractive opportunity for an investor seeking an income-producing asset in the Greater Freeport market. Located in between US Route 1 and I-295 highlights excellent visibility and convenient access to Freeport, Brunswick, Portland, and surrounding communities. A compelling opportunity to acquire a leased commercial property with valuable land, established infrastructure, and multiple potential long-term uses. NOTE: Real Estate is for sale. Not the business. Lease in place until May 31, 2032. Tenant pays all utilities. Owner pays property tax, property insurance and minor building maintenance.

Overview

Property Status
For Sale
Lot Size
1.26 Acres
MLS ID
1675705
Property Type
Commercial
Year Built
2004

Features & Amenities

Total Area
1,616 Sq.Ft.
Neighborhood
Freeport
Stories
1
Water Source
Public
Roof
Shingle
Lot Features
Near Shopping, Near Turnpike/Interstate
Parking
21 Spaces, Paved, On Street
Heat Type
Oil, Baseboard
Air Conditioning
Heat Pump
Sewer
Public Sewer
Substructure
Poured Concrete
Sales Price
$695,000
Zoning
GC

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Classic Custard restaurant with rooftop solar panels, a covered patio, and a large parking lot.

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I would love to help you see this beautiful home! As a full-service broker, I can help you tour. Please submit an offer, and answer questions about the buying process.

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for your interest in 150 U.S. 1, Freeport, ME 04032

150 U.S. 1
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    (207) 716-6335

    221 Main St Belgrade ME 04917

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    Emily Theriault

    (207) 716-6335

    221 Main St Belgrade ME 04917