1380 Lakeview Drive

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1380 Lakeview Drive

China, ME 04358
Asking Price
$1.10M
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront available for purchase at 1380 Lakeview Drive
  • Total asking price for the property is $1,100,000
  • Located within the town of China in central Maine
  • Asset category is classified specifically as retail property
  • Positioned in a region with steady local commerce activity

What's Special

This retail storefront at 1380 Lakeview Drive in China, Maine, is currently available for sale, presenting a clear path for investors or business owners looking to establish a footprint in the Kennebec County area. Situated in a region characterized by its accessible suburban landscape and proximity to Maine's central thoroughfares, this property serves a community that benefits from steady local commerce and tourism traffic common to the lakeside environment. The storefront layout provides flexibility for a variety of retail business concepts, ranging from neighborhood service centers to boutique specialty shops. Investors may find value in the site's visibility and potential for long-term leasehold stability within this distinct market. With the asking price set at $1,100,000, this asset represents a functional addition to a commercial portfolio or an owner-user strategy for those seeking a dedicated retail space. The Maine economy in this corridor remains focused on local growth and trade, providing a reliable backdrop for small-to-mid-sized business operations to build their brand presence.

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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

Location & Travel Times