Log In/Sign Up
Your email has been sent.
4 Market Sq 5,673 SF 100% Leased Office Building Houlton, ME 04730 $1,093,440 CAD ($192.74 CAD/SF) 7.41% Cap Rate
Investment Highlights
- National credit tenant (Fedcap — $404.5M revenue, 110+ locations)
- Significant capital improvements: $274K buildout (2017), new water heater (2024); prime downtown location adjacent to Aroostook County Courthouse
Executive Summary
Stabilized mixed-use investment on the most visible corner in downtown Houlton. The property features approximately 2,657 square feet of ground-floor commercial space fully leased to Fedcap through October 2031, plus four residential units (three 2BR, one 1BR) providing diversified income. Recent capital improvements include a new water heater (2024) and updated furnace, oil tank, and sprinkler system (2017). Turnkey asset with a creditworthy anchor tenant and strong in-place cash flow in the heart of Aroostook County's county seat.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,673 SF
Building Class
B
Year Built/Renovated
1900/2017
Price
$1,093,440 CAD
Price Per SF
$192.74 CAD
Cap Rate
7.41%
NOI
$81,024 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,891 SF
1 1
Property Taxes
| Parcel Number | HOUL-000034-000003-000049 | Improvements Assessment | $256,641 CAD |
| Land Assessment | $13,228 CAD | Total Assessment | $269,868 CAD |
Property Taxes
Parcel Number
HOUL-000034-000003-000049
Land Assessment
$13,228 CAD
Improvements Assessment
$256,641 CAD
Total Assessment
$269,868 CAD
1 of 55
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
4 Market Sq
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.