Last Sold Price
2,536 sqft$146/sqft
2788 Friendship Rd, Waldoboro, ME 04572

Description

Great business opportunity in Waldoboro! This multifaceted property has three established revenue streams, the hallmark of which is the local favorite Flippers Market & Mini Storage, a convenience store and go-to for pizza, sandwiches and various other grocery/deli needs. A local hot spot, this store has a strong cash flow and will convey with almost all of the equipment in the kitchen and the retail floor. Above the store is a 2 BR, 1 BA apartment with good rental history (tenant is currently month-to-month)....Great business opportunity in Waldoboro! This multifaceted property has three established revenue streams, the hallmark of which is the local favorite Flippers Market & Mini Storage, a convenience store and go-to for pizza, sandwiches and various other grocery/deli needs. A local hot spot, this store has a strong cash flow and will convey with almost all of the equipment in the kitchen and the retail floor. Above the store is a 2 BR, 1 BA apartment with good rental history (tenant is currently month-to-month). Next to the store are 29 storage units of varying sizes, all of which are currently rented. Located on Route 220 and minutes to downtown Waldoboro, come explore the opportunities with this intriguing property.
LISTING CLOSED: 04/02/2024 12:00 AM

  1. Listed by Susan Trenholm • Cates Real Estate • susan@catesre.com

Property Details for 2788 Friendship Road

Status
MLS #
1581575
Days on Market
21
Taxes
$4,060 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Mixed Use
MLS Type
Commercial / Mixed Use
Year Built
1883
Lot Size
1.84 AC / 80,150 SF
Waterfront
No
Zoning
Rural Village Bus.

Recent comparable sales

Median sold price

$175,000

Avg days on market

137

Sale-to-list ratio

89.7%

Waldoboro, ME

9 comparable properties found

$400,000 | 1133 Dutch Neck Road, Waldoboro, ME 04572
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Bathrooms
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Square Feet
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Acres
$380,000 | 3163 Atlantic Highway, Waldoboro, ME 04572
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Square Feet
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Acres
$200,000 | 3060 Friendship Road, Waldoboro, ME 04572
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Bathrooms
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Square Feet
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Acres
$77,000 | 2195 Friendship Road, Waldoboro, ME 04572
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Square Feet
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Acres
$42,000 | 689 Finntown Road, Waldoboro, ME 04572
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Square Feet
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Acres
$175,000 | 1371 Friendship Road, Waldoboro, ME 04572
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Bedrooms
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Bathrooms
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Square Feet
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Acres
$200,000 | 1837 Atlantic Highway, Waldoboro, ME 04572
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Bedrooms
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Square Feet
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Acres
$117,000 | 470 Hendrickson Lane, Waldoboro, ME 04572
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Bedrooms
Unavailable
Bathrooms
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Square Feet
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Acres
$49,000 | 51 Broad Cove West, Waldoboro, ME 04572
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Sold 12/16/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
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Acres

Location

Listing Courtesy of Cates Real Estate

Sold By Newcastle Realty

Add your commute

Building Information for 2788 Friendship Road

Stories2Residences-Year Built1883Building Size-Lot Size1.84 AC / 80,150 SF

Payment Calculator

$2,214 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,876

Property Taxes

$338

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2788 Friendship Road

Summary
Location and General Information
  • Zip Code: 6336
  • Directions: From Route 1 in Waldoboro, turn onto Route 220. Properties will be on the left.
  • Town: Waldoboro
  • State/Province: ME
  • Zip Code: 04572
  • County: Lincoln
  • Geo Latitude: 44.035271
  • Geo Longitude: -69.32853
  • Tax Lot: 1B
  • Location:Rural: Yes
  • Construction: Wood Frame
  • Water View2: No
Parking
  • Parking Features: 5 - 10 Spaces
  • Parking: 5 - 10 Spaces
Taxes and HOA Information
  • Tax Book Number: 1444 | 1582
  • Tax Map Number: R10
  • Tax Year: 2023
  • Parcel Number: WALB-000000-R000010-000001B
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $4,060.00
Property
Heating and Cooling
  • Heat Fuel: Oil, Propane
Lot Information
  • Lot Size Acres: 1.84
  • Building Area Total: 2536.0
  • Lot Size Area: 1.84
  • Lot Size Units: Acres
  • Lot Size Square Feet: 80150.4
  • Street Number: 2788
  • Property Information:Surveyed: Yes
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: Partial
  • Property Information:Total # Floors: 2.00
Property and Assessments
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1883
Utilities
  • Electric: Circuit Breakers
  • Sewer: Septic Tank, Private Sewer
  • Water Source: Well, Private
  • Utilities:Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Wood Frame
  • Roof: Shingle
Interior Features
  • Basement: Bulkhead
  • Flooring: Wood, Vinyl
  • Cooling: None
  • Foundation Details: Stone, Concrete Perimeter
  • # Floors: 2
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: No

Property History for 2788 Friendship Road

DateEvent & SourcePriceAppreciation
Apr 2, 2024

Sold

Maine Listings #1581575

$369,000
Apr 2, 2024

Withdrawn

Maine Listings #1582440

$399,000
Feb 23, 2024

Active Under Contract

Maine Listings #1581575

DateEvent & SourcePrice
04/02/2024

Sold

Maine Listings #1581575

$369,000
04/02/2024

Withdrawn

Maine Listings #1582440

$399,000
02/23/2024

Active Under Contract

Maine Listings #1581575

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2788 Friendship Road

Taxable ValueLand$99,000Additions$236,000Total$335,000
Tax Record2025$4,958 ($413 / month)
Home Facts
Beds0Total Finished SqFt1,268 SqFtAbove Grade Finished SqFt1,268 SqFtLot Size80,150 SqFtStyleSingle Family ResidenceZoningRURALCountyLINCOLNAPNWALB M:R10 L:1B

Schools near 2788 Friendship Road

This home is within Regional School Unit 40 Msad 40.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Friendship Village School
PublicK to 6

Medomak Middle School
Public7 to 8

Medomak Valley High School
Public9 to 12

Miller School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2788 Friendship Road, Waldoboro, ME 04572
$369,000
2,536
80,150
$100,000
3
1.5
1,260
53,143
2
1,620
754,024
$180,000
2
1,340
21,344
9,583
3
1
1,292
27,007

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cates Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.