Price Reduced 20.00%

$1,200,000

Est. Mortgage $0/mo *

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Price History

$1,500,000
1/11/2024

$1,400,000
7/23/2024

$1,200,000
10/10/2024

1900 Route 3, Palermo, ME, 04354

1900 Route 3, Palermo, ME, 04354
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0 sqft

Discover a rare and lucrative commercial real estate opportunity with this turnkey manufacturing business located near Central Maine. The business has an impressive average annual sales figure exceeding $2.5 million and a strong yearly EBITA. This offering includes an established business with solid vendor and supplier relationships, an existing customer base, and a great location, and the business comes on an almost 10-acre lot along a major route. The property features a versatile large steel building, office space, and just under 6000 square feet of manufacturing area, complete with essential sawmill machinery. Engage in the production of high-demand finished products and benefit from the creation of five valuable byproducts. With five overhead doors, the property has the capacity for high production levels and the potential for further sales growth. The experienced workforce ensures a smooth transition, and the expansive land offers opportunities for diversification, allowing for the operation of additional businesses. There is a current inventory of approximately $500,000.

Status:

Active

Type:

Commercial

Zoning:

000

Heating:

Space Heater, Multi-Zones, Heat Pump, Forced Air, Blowers

Cooling:

Heat Pump

Basement:

None

Parking:

11 - 20 Spaces, On Site

Est. Taxes:

$735

Construction

Metal Clad, Steel Frame

Amenities:

Storage

MLS #:

1580290

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Legacy Properties Sotheby's International Realty