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110 Downeast Hwy/ 110 Us-1Ellsworth, ME 04605Price: $1,695,000

  • Price: $1,695,000
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Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,695,000List Price
  • 1.01Acreage

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Entrepreneurs, here is your rare opportunity to acquire a positive cash flowing commercial property with above-quota sales volume! Boasting outstanding revenue performance, consistent levels of profitability, and a well-established business history with clean books,this local owner operated business is a prime choice for your next successful venture. Conveniently situated near Walmart and Home Depot with the advantage of high traffic volume, this 43,996sqft lot contains independently owned petroleum equipment, a spacious private parking lot, and a 4,800 sqft retail building with a C-store, a quick-service restaurant, an office, a backroom and restrooms. Get the advantage of excellent exposure in the center of Ellsworth's retail hub and capture all traffic originating from MDI/Bar Harbor (RTE 3),Lamoine (RTE 184),Hancock (US-1); the 5-mile radius trade area is servicing approximately 658 households.Other than offering 24-hour competitively-priced fuel, the C-store has additional profit centers of an ATM and lottery sales (we rank 3rd place in the county) and it's open from 5:00 AM to 8:00 PM every day. The rustic-inspired C-store has beautiful wood accent beams & walls, new durable flooring, efficient coolers and a spacious Point of Sales area. The busy QSR brings great margins with the fully equipped kitchen, that serves classic menu favorites. The store and fueling equipment have been updated and well-maintained, so you shouldn't anticipate any significant capital investments in the near future.The new 10-year contract with a leading petroleum provider has great rebates and unlike local petroleum sales competitors, the property allows for the maneuverability of heavy vehicles.Little commercial property is available in the immediate area and the density of nearby competition reduces the likelihood of new future competition. Seize this rare opportunity of a lifetime and take advantage of a recession-proof income! Call now to request more details! NDA required

Property Details of 110 Downeast Hwy/ 110 Us-1

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Listed by Berkshire Hathaway HomeServices Northeast Real Estate

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

RE/MAX Collaborative participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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