Sold
Last Sold Price
2,536 sqft

2788 Friendship Rd, Waldoboro, ME 04572

Mixed UseProperty Type
1.84 acresLot Size
1883Year Built
$146/sq ftPrice per sq ft

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.
  • Listed by: Susan Trenholm • Cates Real Estate susan@catesre.com
Listing closed: 04/02/2024 12:00 AM • Source: Maine Listings, MLS#: 1581575
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Recent comparable sales

Median sold price

$117,000

Avg days on market

144

Sale-to-list ratio

86.9%

Waldoboro, ME

9 comparable properties found

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$380,000 | 3163 Atlantic Highway, Waldoboro, ME 04572
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$200,000 | 3060 Friendship Road, Waldoboro, ME 04572
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$77,000 | 2195 Friendship Road, Waldoboro, ME 04572
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$42,000 | 689 Finntown Road, Waldoboro, ME 04572
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$175,000 | 1371 Friendship Road, Waldoboro, ME 04572
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$117,000 | 470 Hendrickson Lane, Waldoboro, ME 04572
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$49,000 | 51 Broad Cove West, Waldoboro, ME 04572
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$90,000 | Lot #4 Finntown Road, Waldoboro, ME 04572
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Unavailable
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Location

Listing Courtesy of Cates Real Estate

Sold By Newcastle Realty

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$2,308 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,970

Property Taxes

$338

HOA Dues

$0

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Property Information for 2788 Friendship Road

Property Details

  • Taxes: $4,060 / year
  • MLS Type: Commercial / Mixed Use
  • Waterfront: No
  • Zoning: Rural Village Bus.

Building Information

  • Stories: 2
  • Year Built: 1883
  • Lot Size: 1.84 AC / 80,150 SF

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 Value

Land

$99,000

Additions

$236,000
Total$335,000

Tax Record

2025

$4,958 ($413 / month)

Home Facts

Beds

0

Total Finished SqFt

1,268 SqFt

Above Grade Finished SqFt

1,268 SqFt

Lot Size

80,150 SqFt

Style

Single Family Residence

Zoning

RURAL

County

LINCOLN

APN

WALB 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.