Commercial for Sale: 1900 Route 3, Palermo, ME 04354

$1,400,000
$1,400,000
1900 Route 3, Palermo, ME 04354
$1,400,000
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Price:
$1,400,000
$100,000 - 07/23/2024

Type Commercial
Taxes Paid $735

City Palermo
County Waldo

MLS 1580290
Status Active
DOM 263 days
Discover a rare and lucrative commercial real estate opportunity with this turnkey manufacturing business located near Central Maine. The business has an impressive average annual sales figure exceeding $2.5 million and a strong yearly EBITA. This offering includes an established business with solid vendor and supplier relationships, an existing customer base, and a great location, and the business comes on an almost 10-acre lot along a major route. The property features a versatile large steel building, office space, and just under 6000 square feet of manufacturing area, complete with essential sawmill machinery. Engage in the production of high-demand finished products and benefit from the creation of five valuable byproducts. With five overhead doors, the property has the capacity for high production levels and the potential for further sales growth. The experienced workforce ensures a smooth transition, and the expansive land offers opportunities for diversification, allowing for the operation of additional businesses. There is a current inventory of approximately $500,000.

Room Features

Basement Description None

Lot & Building Features

Cooling Heat Pump
Tax Year 2023
Taxes Paid $735

Price History of 1900 Route 3

Date Name Price Difference
07/23/2024 Price Adjustment $1,400,000 6.67%
01/11/2024 Listing Price $1,500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1900 Route 3, Palermo, ME

Location Map Street View
Photo of Fritz Schermer
Fritz Schermer
Associate Broker
Direct: 207-363-3658
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Legacy Properties Sotheby's International Realty, Colin Harvey 207-563-2775
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6.75%
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1900 Route 3 (MLS #1580290) is a commercial listing located in Palermo, ME. This property was listed on 01/11/2024 and has been priced for sale at $1,400,000.

Nearby zip codes are 04348, 04358, 04574, 04941 and 04949. This property neighbors other cities such as China, Liberty, Montville, Somerville and Washington.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Legacy Properties Sotheby's International Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.