291 US Route 1, Freeport, ME 04032

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291 US Route 1 is located in Freeport, ME.

We are pleased to offer for sale the former Red Wheel Flea Market property located at 291 U.S. Route One, in Freeport, Maine. This property presents a very rare development opportunity on the Route One Corridor where development has been ongoing for the last several years. Currently, the property consists of an 8,500 +/- square foot flex building (fully leased), a retail barn, a shed, and two residential dwellings. The zoning is Commercial II which allows for a variety of uses including service, retail, food operations, and office. Presently, the property has two curb cuts on Route One and two off of Bonney Street. The parking is expansive and the surrounding land could allow for a substantial commercial development. This is a must see for investors, developers, and owner/users.