NOT LISTED FOR SALE

513 Bar Harbor Rd Unit A Trenton, ME 04605

Estimated Value: $1,174,884

-- Bed
2.5 Baths
36,736 Sq Ft
$32/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $990,000 $27 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,322/month

Highlights

  • Public Beach
  • Property is near public transit
  • Cooling Available
  • View of Trees or Woods
  • No HOA
  • Pasture

About This Home

As of December 2023

Exciting Commercial Opportunity in Trenton, Maine - Your Next Lucrative Investment Awaits! This expansive 36,736 +/- square foot commercial space stands as a pinnacle of opportunity in Trenton. The property boasts 8 adaptable rental spaces and ensures a consistent, worry-free revenue stream. Established tenants, all in triple net leases. With Trenton Airport in close proximity, it presents a strategic advantage for aviation-focused ventures. Notably, this property offers vacant space primed for expansion, catering to both new and current tenants. Including a warehouse with loading docs. Sprawling across nearly 7 acres, it unveils additional growth potential, ideal for innovative additions such as storage cubes or other ventures. The imminent upgrade of a side entrance with premium crusher dust further enhances accessibility and convenience. With all these features aligning, seize the moment - connect with us today to delve into a realm of commercial real estate!

Last Agent to Sell the Property

Crystal Harlan

NextHome Experience Listed on: 09/25/2023

NextHome Experience

Co-Listed By

Wayne Clark

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Stephanie Henry

ERA Dawson-Bradford Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,265

Year Built

  • Built in 1970

Lot Details

  • 6.01 Acre Lot
  • Dirt Road
  • Public Beach
  • Rural Setting
  • Fenced
  • Level Lot
  • Open Lot
  • Sprinkler System

Parking

  • 4 Car Garage
  • Gravel Driveway

Home Design

  • Gambrel Roof
  • Concrete Foundation
  • Slab Foundation
  • Steel Frame
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 36,736 Sq Ft Home
  • Fireplace Features Blower Fan
  • Views of Woods
  • Fire Sprinkler System

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Vinyl

Location

  • Property is near public transit
  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Septic Design Available
  • Private Sewer

Additional Features

  • Level Entry For Accessibility
  • Pasture

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number TREN-000027-000000-000005

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Building Details

  • Operating Expense $116,025
  • Gross Income $208,273

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,265

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 6.01
  • Road Surface Type: Gravel, Paved
  • Co List Office Mls Id: 2983
  • Co List Office Phone: 207-573-7400
  • MLS Status: Closed
  • Directions: Take exit 6A to merge onto US-1A E toward Coastal Rte/US-1/Ellsworth/Bar Harbor for 24.5 Continue onto Bangor Rd for 1.3 mi Continue onto Oak St for 0.3 mi Continue onto High St for 1.0 mi Continue straight onto ME-3 E/Bar Harbor Rd 3.3 prop on righ
  • Above Grade Finished Sq Ft: 36736.0
  • Architectural Style: Gambrel
  • Garage Yn: Yes
  • Year Built: 1970
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 6.01
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 36736.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Fence: Yes
  • Property Information:Garage Spaces: 4.0
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 1
  • Income Expenses Gross Income: 208273.0
  • Income Expenses Operating Expenses: 116025.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Site:PastureField: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Style:Gambrel: Yes
  • Heat System:Blowers: Yes
  • Floors:Concrete2: Yes
  • Construction:Steel Frame: Yes
  • Location:Near Railroad: Yes
  • Misc Amenities Sprinkler: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Level Entry
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Vinyl, Laminate, Concrete, Carpet

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Right of Way, Pasture, Intown, Near Public Beach, Near Shopping, Near Town, Rural, Near Railroad
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Steel Frame, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: 21+ Spaces, Gravel, On Site, Paved

Utilities

  • Security: Sprinkler
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Heat Pump, Blowers
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 261795.6
  • Parcel #: TREN-000027-000000-000005
  • Zoning: Business Park

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 208273.0
  • Annual Operating Expense: 116025.0

Tax Info

  • Tax Annual Amount: 12265.0
  • Tax Book Number: 7282
  • Tax Lot: 5
  • Tax Map Number: 22
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Dec 21, 2023
Sold by
Route 3 Development Llc
Bought by
Canuck Investments Llc
Seller's Agent
Crystal Harlan
NextHome Experience
Buyer's Agent
Stephanie Henry
ERA Dawson-Bradford Co.
List Price
$1,499,000
Sold Price
$990,000
Premium/Discount to List
-$509,000
-33.96%
Current Estimated Value
$1,174,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,884
Avg. Annual Appreciation
9.92%
Original Mortgage
$792,000
Outstanding Balance
$778,315
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$396,569
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Canuck Investments Llc $990,000 None Available
Canuck Investments Llc $990,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canuck Investments Llc $792,000
Closed Canuck Investments Llc $792,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $990,000 -34.0% $27 / Sq Ft
09/25/2023 09/25/23 For Sale $1,499,000 -- $41 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,119 $1,116,500 $161,100 $955,400
2023 $12,274 $816,100 $108,400 $707,700
2022 $12,265 $880,500 $113,500 $767,000
2021 $11,250 $821,200 $113,500 $707,700
2020 $10,938 $821,200 $113,500 $707,700
2019 $9,890 $830,400 $113,500 $716,900
2018 $8,935 $830,400 $113,500 $716,900
2017 $8,430 $839,600 $113,500 $726,100
2016 $8,421 $839,600 $113,500 $726,100
2015 $8,658 $848,800 $113,500 $735,300
2014 $8,658 $848,800 $113,500 $735,300
2013 $8,779 $844,100 $113,500 $730,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1571522

Maine Listings

APN: TREN-000027-000000-000005