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Former Aaron's 10 Davis St

6,748 SF 100% Leased Retail Building Presque Isle, ME 04769 $1,202,808 CAD ($178 CAD/SF) 8.82% Cap Rate

Executive Summary

The Kase Group is pleased to present the opportunity to acquire a soon to
be vacant retail property in Presque Isle, Maine. Aaron's is paying rent
through the remaining of there nearly 4 year term. The building consists of
6,748 square feet situated on a 1.15 acre lot. The site benefits from its
location along Main Street in downtown Presque Isle and 5 minutes from
Presque Isle International Airport. Neighboring tenants include Shell, Pats
Pizza, McDonald's, Subway, Verizon, Walmart & more.
In Association with ParaSell, Inc. | A Licensed
Maine Broker #AC90603332
In Association with ParaSell, Inc. | A Licensed Maine Broker #AC90603332

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,748 SF
Building Class
B
Year Built
1966
Price
$1,202,808 CAD
Price Per SF
$178 CAD
Cap Rate
8.82%
NOI
$106,055 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
2.01 AC
Zoning
Commercial

Nearby Major Retailers

TD Bank
Rent-A-Center
Keybank
Tim Hortons
Ruby Tuesday
Governor's Restaurant & Bakery

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PREE-000044-000057-000010
Land Assessment
$107,082 CAD
Improvements Assessment
$380,690 CAD
Total Assessment
$487,773 CAD
  • Listing ID: 31609087

  • Date on Market: 2024-04-25

  • Last Updated:

  • Address: 10 Davis St, Presque Isle, ME 04769

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