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23 Roosevelt Trl 8,800 SF Retail Building Casco, ME 04015 $1,115,340 CAD ($126.74 CAD/SF) 9.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Two free-standing units
- Long-term tenant in place
- Stable and reliable income source
- Over 11,000 VPD (Vehicles Per Day)
- On-site parking available
- Investment or owner-occupy option
EXECUTIVE SUMMARY
Discover an exceptional investment opportunity with these two freestanding
buildings totaling 8,800 square feet in Casco, ME. One unit (4,800SF)
features a long-term medical marijuana tenant, offering a stable and
reliable source of income. The second unit (4,000SF) is available for lease as an
investment or for owner occupancy
buildings totaling 8,800 square feet in Casco, ME. One unit (4,800SF)
features a long-term medical marijuana tenant, offering a stable and
reliable source of income. The second unit (4,000SF) is available for lease as an
investment or for owner occupancy
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
8,800 SF
Building Class
C
Year Built
2005
Price
$1,115,340 CAD
Price Per SF
$126.74 CAD
Cap Rate
9.15%
NOI
$102,077 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.84 AC
Zoning
Commercial
Parking
10 Spaces (1.14 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Medical Cannabis
- -
-
99,999 SF
-
$9.99
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Medical Cannabis | - | 99,999 SF | $9.99 | - |
PROPERTY TAXES
| Parcel Number | CASC-000015-000006-A000003 | Total Assessment | $687,909 CAD (2024) |
| Land Assessment | $121,585 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $566,325 CAD (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
CASC-000015-000006-A000003
Land Assessment
$121,585 CAD (2024)
Improvements Assessment
$566,325 CAD (2024)
Total Assessment
$687,909 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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23 Roosevelt Trl
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