Windward Way

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Windward Way

Addison, ME 04606
Asking Price
Contact for price
Asset Type
Residential Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property spans 4.46 acres of land
  • Located along the shores of Wohoa Bay
  • Features 330 feet of private bay frontage
  • Mixed-use classification allows for diverse development options
  • Situated in the coastal town of Addison Maine

What's Special

Addison serves as a coastal community in Maine, offering a tranquil environment defined by its access to the Atlantic shoreline. This 4.46-acre mixed-use property on Windward Way presents a development prospect for those looking to capitalize on waterfront geography. The site features 330 feet of direct frontage along Wohoa Bay, providing immediate access to coastal waters. Such a setting is well-suited for residential projects or specialized mixed-use ventures that benefit from expansive outdoor space and proximity to the bay. As a region characterized by its natural maritime landscape, the parcel offers utility for investors or developers seeking to establish a presence within this eastern Maine submarket. The scale of the acreage allows for versatile planning, whether intended for private residential use or broader development initiatives that integrate the coastal shoreline.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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