Commercial Investment Opportunity in Lincoln, Maine

Description

LOCATION! LOCATION! LOCATION! Looking for great investment opportunity that puts you front and center of town? Look no further. This 10,000+ Square Foot commercial building sits at the crossroads of West Broadway (Route 155) and Main Street (Route 2 & Route 6). According to the Maine DOT the traffic count here averages around 8500 cars daily between 7 AM and 7 PM with total daily overage of 10,022 in 2021. The property currently has 4 tenants with finished room for 2 more tenants and another unfinished space just waiting for what you or your tenant want/need.

The building sits on 0.2+/- acres with 84.6 feet of frontage on Mattanawcook Pond. The Southern side of the building provides access to the lower waterfront portion of the building and is adjacent to the town owned park where there are weekly free music concerts in the summer at the gazebo. This park is also home to the Lincoln Loon and features a small public boat dock. In front of the building is a 12 space owned parking area which is adjacent to a larger municipal parking lot providing plenty of parking for tenant clients and customers.

Built in 2003, this beautifully situated commercial building was built with convenience and efficiency in mind. The engineered design includes many upgrades. The outside walls include an extra 1 inch layer of Polyisocyanurate foam insulation and the walls / floors / ceilings between units are fire-rated material thus eliminating the need for a sprinkler system. The bottom floor has radiant heat built into the slab for both comfort and efficiency and the upper floor temperature is controlled by 2 HVAC units.

Current tenants include the HAN dental office, Penquis CAP, NEOE and a private attorney office. The dental office is 2400 +/- SF in space and has its own T-4 line for high speed secure internet. The Penquis office is 1200 +/- square feet and includes several private offices as well as a conference room, reception area and break room. The NEOE area is approximately 800 SF with private offices and a break room and the private office is approximately 400 SF. Both the Penquis office and the dental office have access to a small shared balcony overlooking the lake. There is also a bonus space above the dental office which could be used for personal owner space or storage.

The lower level of the building is currently. The front space on this level (closest to street) is a completely unfinished area of approximately 1100 SF that could be finished to suit an incoming tenant for whatever purpose they needed. The middle space is set up as a professional office space with large private office with private entrance as well as a break room, a small lobby and plenty of room for file storage or additional offices and is 1100 +/- SF in size. The back suite was previously used as a photo studio and later as an art gallery. This suite is 2400 +/- SF in size and has several smaller storage and multi-use rooms as well as office space. This suite also has a private entrance which leads to the deeded easement from Lake Street to the building.

All finished suites are completely handicap accessible with handicap bathrooms. The lower level can be accessed by interior service stairs (not currently accessible to the public) as well as exterior stairs and f an exterior elevator. The lower level is fronted by a covered wooden walkway overlooking the lake frontage. The upper level is surrounded on 2 sides by the parking areas and the south by the balcony and stairway leading down to the waterfront.

Lincoln, Maine, is a small town America style hometown with plenty to offer everyone. With 13 lakes and the mighty Penobscot River right here in town the water-focused lifestyle is central for many of the residents. This building is located just steps from the public boat launch and public beach on Mattanawcook Lake. The town office, grocery, clothing and specialty shops nearby as well as service boutiques make the Main Street location convenient for you and your tenants. Lincoln is home to approximately 5000 people year round with the number swelling to 6500+ in the summer. Lincoln is also the service hub to 15 other communities which adds an additional 10,000 people to your customer base.

The proximity to Bangor, Orono and the North Maine Woods as well as Baxter State Park make Lincoln a great place for commercial and professional development. The town motto of “Come for the Lakes – Stay for the Lifestyle” has been proven to be true many times over and shows in the town’s recent commercial growth and its commitment to economic development. Come! Explore the region, meet the people and know that your investment in this town would be one you would be proud of and profit from.