Horvath & Tremblay Brokers $3.27M Sale Of Retail Property In Presque Isle, ME
808 Main Street, Presque Isle, Maine 04769, United States
$3,270,000
$970/SF
Building Size
3,369 SF
Asset Type
Retail
Closing
Jan 21, 2022
About this deal
AI
An retail property located at 808 Main St in Presque Isle, ME has been sold for a total price of $3,270,000. The property spans a total area of 3,369 square feet, resulting in a price per square foot of $971.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,270,000
- Address: 808 Main St, Presque Isle, ME
- Market: Presque Isle, ME
The sale of this retail property was facilitated by Matthew Nadler from the brokerage firm Horvath & Tremblay.
Presque Isle Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.85%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93