Searsport, ME 04974,149 East Main ST
Searsport, ME 04974,149 East Main ST
Searsport, ME 04974,149 East Main ST
Listed by Keller Williams Realty
Bought with Megunticook Real Estate 
$700,000
$795,000
11.9%
Est.Price: ?

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9,600 SqFt
SOLD DATE : 08/02/2021

Key Details

Sold Price $700,000

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Sold

Square Footage 9,600 sqft

MLS Listing ID 1480043

Year Built 1992

Annual Tax Amount $8,514

Tax Year 2020

Lot Size 3.500 Acres

Property Sub-Type Mixed Use

Property Description

Having an incredible 2021 season! Take advantage of the hot sales! Come check out 149 East Main street in Searsport Maine. Built in 1992, The Searsport Antique Mall has year over year been considered one of Maine's Premiere Antique locations. Receiving area recognition by Village Soup and Republican Journal's Best of the Best (the People's Choice Award) for more than 20 years; nominated for the 2020 Belfast Area Chamber of Commerce Hometown Heritage Award, as well as being highlighted in various other publications. It is one of the most well known businesses in the antiquing world, always bringing in an array of dealers and shoppers. S.A.M prides itself on high quality antiques. There is currently a waiting list of dealers wanting to display their antiques in the shop because it is one of the largest and busiest group shops around. There is long term management and staff that work year round, typically seven days a week, to run the day to day operations here at 149 East Main Street. Within the Mall you will find 32 Rental Booths on the Main Floor (7,200 SF) and 15+/- Rental Booths Downstairs (2,400 SF). There are an additional 28 Showcase Shelves on the Main Floor that are fully rented also. The Total Square Footage of the Mall is 9,600 SF. The interior features 10 Foot High Ceilings and is completely finished with wall board and mostly carpeted floors. The construction is extremely strong. Included in this sale are 2 successful and very competitive Storage Unit Buildings behind the mall. There are 46 total units in the two metal buildings which were constructed in 2006. They have various sizes throughout and they maintain strong rentals. There is currently management in place for the storage business as well. We all know the increasing demand for storage space and the ease of operation of said units is remarkable. To Note: With the proper Due Diligence, there may be an opportunity to expand the Storage Unit Business and possibly build 1 or 2 additional structures.

Location

State ME

County Waldo

Zoning COMMERCIAL

Interior

Heating Multi-Zones, Hot Water

Cooling None

Exterior

Parking Features 21+ Spaces, Paved

Utilities Available 1

Waterfront Description Bay

View Y/N No

Building

Lot Description Water View, Near Turnpike/Interstate, Near Shopping, Shopping Mall

Building Description Vinyl Siding, Security System

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

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Maine MLS (MREIS) IDX
Monet Yarnell

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