Catylist ID:
#30873575
First Floor Retail Space (Unit 2)
Retail-Commercial
for Sale
| Catylist Listing ID: | 30873575 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other |
| Building Status: | Under Construction |
| Condo? | Yes |
| Building Size (RSF): | 1,850 SF |
| Gross Building Area: | 31,753 SF |
| Gross Land Area: | 6.10 Acres |
| Sale Price: | $325 PSF |
| Total Price: | $601,250 |
| Property Use Type: | Net Leased Investment (NNN), Vacant/Owner-User, Business |
| Building Name: | 10 Market Street at The Downs |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/15/2024 |
Overview / Comments
|
The Downs is once again offering a unique opportunity for end users to be involved in the most exciting mixed-use, master-planned development in the State of Maine. 10 Market Street at The Downs is a 31,753 ± SF three-story building that is planned to have 1,600 to 5,000± SF retail units on the first floor and 2,400 to 10,627± SF office units on the second and third floors. Each unit would be part of a condominium association and available for purchase. This is a rare availability, to purchase and own a build-to-suit office or retail space of this size and scale in this prime location. Each space would be delivered in a "vanilla shell” condition (see broker for details) to allow each user to tailor the finishes of the space to their individual and business specifications. In addition to this anchor building, plans call for a 4,750± SF restaurant and a 2,750± SF coffee shop. 10 Market Street at The Downs is anticipated to be completed by the Fall of 2024. Please contact us to discuss the reservation process to secure a unit today. - New construction built in 2024 - Zoned for Haigis Parkway district - Ideal for retail or street retail investment - Located in the Greater Portland area - Consists of multiple separate units that can be combined to create a larger unit - High visibility and foot traffic - Modern and appealing storefronts - Ample parking for customers |
Attachments & Media
Additional Details
| Nearest MSA: | Portland-South Portland |
| County: | Cumberland |
| Tax ID/APN: | 05200_R052004 |
| Is Condo?: | Yes |
| Zoning: | HAIGIS PARKWAY DISTRICT |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Other |
| Property Located Between: | Haigis Parkway and Payne Road |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Payne Road |
| Traffic/Vehicle Count: | 23,600 |
| Highway Access: | I-95 and US Route One |
| Airports: | Portland International Jetport |
| Site Description: | Located at the corner of Haigis Parkway. This site is the gateway to The Downs Town Center |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 3 |
| Typical SF / Floor: | 10,584 SF |
| Property Condition: | Excellent |
| Year Built: | 2024 |
| Total Parking Spaces: | 192 |
| Parking Type: | Surface |
| Passenger Elevators: | 1 |
| Heat Type: | Electricity |
| Heat Source: | Ceiling Units |
| Air Conditioning: | Engineered System |
| Internet Access: | Fiber Optic |
| Zoning Description: | Haigis Parkway District – HP The area is within the Haigis Parkway Zoning District and is intended to be one of the gateways into Scarborough. Within the zone, the Town anticipates high quality uses such as office parks, hotels, small scaled retail, convention centers, places of cultural and civic assembly, high technology and research, and multi-family housing as part of mixed-use development |
| Part of Planned Development?: | Yes |
| Lot Frontage: | 0-999 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,621 | 13,988 | 73,730 |
| Median Age: | 41.67 | 40.15 | 39.28 |
| Households: | 1,085 | 5,513 | 31,900 |
Contact
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