Welcome Home To Maine! Income Property!

CannaMLS ID: 1472

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Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
Ownership Percentage:
0 %

Property Details

Property Attached:
Yes
Property Is Movable:
No
Property Is Included:
Yes
Has Buy-in Option:
No
Is Built Out:
No
Has Room For Expansion:
Yes
Operations Are Needed:
Yes

Welcome Home to Maine!

You don’t want to look past this investment opportunity of a lifetime! This beautiful property includes a turnkey online business currently producing over $100,000 in yearly profits. Expand this business and/or join Maine’s now blossoming marijuana industry and pay this property off in no time! (This address was previously licensed for medical marijuana growing – recreational sales/permitting in the state of Maine expected to begin by September.)

This spacious 4800+ square foot home sits on one full acre in a prime location on Main street (25 mph zone) on beautiful highway 1A as it meanders south from Bangor, ME. (Less than 20 miles from Bangor, exact location to be revealed to vetted buyers.) Large paved driveway with extra parking makes it perfect for multiple guests or business clientele. (Front end of home was the previous location of other successful businesses.)

Large spacious rooms on three floors make this property perfect for multiple uses! The primary living area (main level) is approximately 1250 square feet and includes two bedrooms, 1.5 bathrooms with jacuzzi tub and laundry, and large open concept living/kitchen (currently being remodeled including brand new kitchen with granite countertops). In the winter, enjoy the fireplace! In the summer, relax on the private deck just outside french doors, or enjoy the outdoor area with lawns rimmed by wildflowers, berries and fruit trees, and even a garden area complete with newly built beds. Property has been treated organically and has had no spraying or chemical applications of any kind under current owner.

In the rest of the house, possibilities abound! Lack of zoning restrictions make Maine a perfect place for any entrepreneur to set up shop without hassle! (Exceptions include businesses that require licensing like marijuana or alcohol establishments). Large front area with main entrance off the parking pad is approximately 750 square feet (26’x29’) and just up the stairs, the room above is a generous 500+ square feet in size (18’x29’).

The rest of the top floor contains another full bathroom with shower and several more rooms including a large central room (just under 500 square feet) currently housing the online business supplies. BONUS! A small deck off this top floor makes a perfect breaktime retreat!

An additional 1350 square feet round out this house in the completely dry basement below. Exposed beams, wiring, and plumbing make this space perfect for hanging/accessing anything you need and plenty of windows allow for venting if converted to a grow space. Ceilings are approximately 93 inches.

The included business is currently serving online customers only and operates on three platforms – Amazon, eBay, and the company’s own website. Company is also recently authorized to sell on Walmart.com. This is an organic herb and tincture business (legal herbs- think chamomile and chaga mushroom). Income for 2018 was $102,475. Total sales were $142,073 which means this business operates at a 72% profit margin!! Man hours required are approximately 25-30 per week. (Location has high speed internet.)

All figures referenced for the included business are verifiable via tax/bank records. House/Business package is exactly as described. *** SERIOUS INQUIRIES ONLY ***

Price: $625,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: Bangor, Maine 04401

Recreational: Yes
Medicinal: Yes