5 Water StreetSanford, ME 04083MLS Number 1580236

  • Price: $1,300,000
  • 105 Days on Market
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Federal 30-year interest rate: 7.1% last updated on Apr 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Pending
5 Water Street Sanford ME 040835 Water Street Sanford ME 040835 Water Street Sanford ME 040835 Water Street Sanford ME 040835 Water Street Sanford ME 04083
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  • 2.78Acreage
  • 1920Year Built
  • 68,504Square Feet

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Two Buildings - Partially Occupied, Month to Month Building 1 8,800 sf partially heated warehouse with 3 overhead doors and loading dock. Currently operating as an office and warehouse for owner's business use. Building 2 60,000 sf 4 story (consisting of 15 ,000 +- sf per floor) former spinning mill and retail shop. 2 floors are currently operating as a yarn spinning business with a Month to Month Lease. Bonus cell tower lease is in place, adds to Buyer's income. 1st floor has several built offices and a large industrial space. This well maintained building is in great working condition, was just recently fully operating as Jagger Brothers Worsted Spinners. All floors equipped with bathrooms, and heat, the building is fully sprinkled, brick walls, hard wood floors and a cargo elevator. Tenants (wool spinning business) are in place leasing 2nd and 3rd floors on a month to month basis. Tenant is flexible to remain leasing, move and lease the warehouse building or move out completely.
Listed by Investcomm Commercial Group

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Basic Information

  • Documents Available Property Disclosure Public Access
  • Property Uses Manufacturing, Office Building

Location

  • Address5 Water Street
  • Building Number5
  • CountyYork
  • Latitude43.467861
  • Longitude-70.79606
  • StateME
  • StreetWater Street
  • TownSanford
  • Zip04083

Interior

  • Flooring Wood, Concrete

Property Information

  • Acreage2.78
  • Lot Features Water View, Downtown, Near Shopping
  • Lot Size Area 2
  • Lot Size Square Feet 121,096
  • Lot Size Units Acres
  • Square Feet68,504

Tax Information

  • Tax Book Number 1320
  • Tax Lot35
  • Tax Map Number K14
  • Tax Year 2023
  • Taxes$20,454

Building

  • Building ConstructionBrick, Masonry
  • Building FeaturesElevator Freight, Loading Docks 1 - 4, Sprinkler - Wet
  • Commercial Bldg Information Ceiling Height 12
  • Commercial Bldg Information Confidentiality Statement Yes
  • Year Built1920

Utilities

  • Electric Three Phase
  • Heat SystemMulti-Zones
  • Heating FuelOil
  • Heating YN Yes
  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed01/10/2024
  • View Count9

Parking

  • Parking Features Gravel,21+ Spaces, On Site, On Street

Basic Information

  • Agent ID016570
  • Broker ID2996
  • Broker NameInvestcomm Commercial Group
  • List Price$1,300,000
  • LocationTypeDowntown, Near Shopping, Water View
  • MLS Number1580236
  • Modification Date01/18/2024
  • Property SubTypeMixed Use

Property

  • Water ViewYes

Exterior

  • Exterior Brick

Amenities

  • Mls StatusPending
  • Other AmenitiesDock, Fireplace

Photos

  • Number of Photos5
CENTURY 21 Atlantic
CENTURY 21 Atlantic
Office: 207-363-4053
433 US Route One
Suite 101
York, ME 03909

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CENTURY 21 Atlantic participates in ©2024 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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