PREMIER WATERFRONT COMMERCIAL OPPORTUNITY Approximately 1,850 SF | Lake Pennesseewassee (Norway Lake) | Norway, Maine Rare opportunity to lease highly visible commercial space in a premier waterfront setting on Lake Pennesseewassee, locally known as Norway Lake. Position your business in a distinctive location offering waterfront appeal, excellent road visibility, convenient parking, and proximity to Downtown Norway and the Western Maine Lakes & Mountains region. This approximately 1,850-square-foot first-floor commercial space provides an exceptional opportunity for an entrepreneur, retailer, food-service operator, specialty business, or other approved commercial use seeking a location that combines functionality with a compelling customer experience. PROPERTY HIGHLIGHTS - Approximately 1,850 SF of first-floor commercial/showroom space - Waterfront location on Lake Pennesseewassee (Norway Lake) - Highly visible location with high estimated traffic count - Open and flexible floor plan suitable for a variety of commercial concepts - Roll-up overhead door for convenient deliveries, inventory, or equipment access - Half bathroom - Additional lower-level storage space approximately 3000sqft - Lower level provides walk-out access to the ground level - Located only feet from the lake shoreline - Zoned for pre-packaged food and on-site food service, subject to applicable approvals - Bottled-water exemption applies - Convenient proximity to Downtown Norway - Approximately 35 minutes to three ski areas - Approximately 1 hour to Portland - Approximately 3 hours to Boston A DISTINCTIVE BUSINESS LOCATION This property offers something difficult to replicate in the marketplace: commercial space with an authentic waterfront setting and strong road exposure. The combination of lakefront surroundings, high traffic counts, recreational tourism, and proximity to established Western Maine communities creates an attractive environment for a business looking to establish a memorable presence. The flexible showroom configuration provides an excellent canvas for a retail concept, specialty shop, outdoor or recreational business, food-service operation, showroom, service business, or other permitted commercial use. The additional storage area and roll-up door provide valuable functionality for inventory, deliveries, equipment, and day-to-day operations. STRATEGIC WESTERN MAINE LOCATION Situated minutes from Downtown Norway, the property benefits from its position within the Western Maine Lakes & Mountains region, an area attracting year-round residents, seasonal homeowners, outdoor enthusiasts, and visitors traveling to the region's lakes, mountains, and ski destinations. Its proximity to major recreational destinations and population centers makes this an appealing location for businesses seeking exposure beyond the immediate local market. LEASE OPPORTUNITY Asking Rent: $2,750 per month The advertised rental rate includes an estimated allocation for property taxes and property insurance. A Triple Net (NNN) Lease will be executed with the property owner. Tenant will be responsible for electricity, heating, and other expenses specifically allocated to the tenant under the lease. MARINA & WATERFRONT SERVICES Please note: The advertised rental rate applies exclusively to the approximately 1,850-square-foot commercial unit described herein. Marina services, boat slips, fuel dock operations, and gas dock services are not included in the advertised rental rate and are subject to separate arrangements, if available. THE OPPORTUNITY For an operator seeking more than a conventional commercial space, this property offers the opportunity to establish a business in a high-visibility waterfront environment with strong regional appeal. Approximately 1,850 SF | Waterfront | Daily Traffic | Flexible Commercial Space | $2,750/Month A rare opportunity to bring your business to the waterfront in the heart of Western Maine. Waterfront
Norway Lake, located between Lake Pennesseewassee and the Norway Downtown Historic District, is a lakeside and residential Norway neighborhood with a wooded shoreline and a small-boat, swim-friendly waterfront. The neighborhood’s character concentrates around the Norway Lake Boat Launch area, where docks, paddles, and shoreline paths set a relaxed, outdoors-first rhythm. Nearby, the Norway Opera House anchors the cultural calendar with performances in a classic Main Street setting. Norway Brewing Company adds a local gathering spot with Maine-made beer and a casual taproom feel. Housing trends toward classic New England homes and camp-style cottages, with lake views shaping daily routines. Public access points and quiet roads frame a walk-and-paddle lifestyle tied to the water.
Provided by Walk Score and Local Logic
Historical weather
Norway, ME • 04268
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Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
4/10 Wind Factor
10% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Sun exposure
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295 Lake Rd is located in Norway, the 04268 zipcode, and the Regional School Unit 17 Maine School Administrative District 17.