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5 Water Street, Sanford, ME 04083
$1,300,000
5 Water Street, Sanford, ME 04083View this property at 5 Water Street, Sanford, ME 04083
5 Water StreetSanfordME04083
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Property Description
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.
Full Property Details
Full Property Details for 5 Water St
General
- Sold For: $1,300,000
- Taxes: $20,454 (2023)
- Status: Closed
- Type: Commercial
- MLS ID: 1580236
- Added to Site: 129 day(s) ago
Business
- Business Type: Office Building, Manufacturing
Interior
- Flooring: Wood, Concrete
Parking
- Parking Features: Gravel, 21 or More Spaces, On-Site Parking, On Street
Location
- County: York
Heating & Cooling
- Heating Type: Multi-Zone
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Masonry
- Stories/Levels: 4
- Building Size: 68504
- Square Feet: 68,504
- Living Area: 68,504 Sq. Ft.
- Year Built: 1920
- Other Struct. Feat.: Elevator Freight, Loading Docks 1 - 4, Sprinkler - Wet
Lot Features
- Lot Size (Acres): 2.78
- Lot Size (Sq. Ft.): 121,096.8
- Zoning: IR
- Lot Description: Water View, Downtown, Near Shopping
Financial Considerations
- Tax Amount: $20,454
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Documents Avail.: Property Disclosure Public Access
- Lot Number: 35
Listed by Investcomm Commercial Group (207) 985-4977
Sold by Malone Commercial Brokers, Inc. (207) 772-2422
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Schools
Schools serving 5 Water St
School District:Sanford School Department
Rating | Name | Grades | Distance |
---|---|---|---|
233 Shaws Ridge Rd, Springvale, ME 04083 | K-5 | 0.9 mi | |
668 Main St, Sanford, ME 04073 | 1-5 | 1.1 mi | |
Lafayette School, Sanford, ME
69 Brook St, Sanford, ME 04073 | K-3 | 2.1 mi | |
Sanford Jr High School
708 Main St, Sanford, ME 04073 | 6-8 | 1.3 mi | |
134 Old Alfred Rd, E Waterboro, ME 04030 | 6-8 | 9.2 mi | |
46 Cranberry Meadow Rd, Berwick, ME 03901 | 6-7 | 12.4 mi | |
100 Alumni Blvd, Sanford, ME 04073 | 9-12 | 1.2 mi | |
Sanford Regional Technical Center
100 Alumni Blvd, Sanford, ME 04073 | 9-12 | 1.2 mi | |
88 West Rd, Waterboro, ME 04087 | 9-12 | 6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Water St
Date
Details
Price
Change
Source
4/30/2024
Sold
$1,300,000
—
MLS
1/10/2024
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5 Water Street, Sanford, ME 04083 (MLS# 1580236) is a Commercial property that was sold at $1,300,000 on April 30, 2024. Want to learn more about 5 Water Street? Do you have questions about finding other Commercial real estate for sale in Sanford? You can browse all Sanford real estate or contact a Coldwell Banker agent to request more information.