For Sale - 5 Elmwood Avenue, Westbrook

Office for Sale
Catylist Listing ID: 30862795
Property Subtypes: Medical, Mixed Use, Flex Space, Office Building
Building Size (RSF): 972 SF
Gross Building Area: See Agent
Sale Price: $365,000
Unit Price: $375.51 PSF
Property Use Type: Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 4/18/2024

Overview / Comments

This Cape Cod style home has been owned by the same person for 50 years. Building was a doctor's office during that time, however, it is ''grandfathered'' as a residence as well. Home has 3 bedrooms and one bathroom, a newly paved driveway and newer shingled roof. The first floor has hardwood floors and there are vinyl replacement windows throughout. Home has been well maintained and is in ''Move in Ready'' condition. Building has been a well established Doctor's Office for 50 years. The vehicle count is 18,500 per day, and the building is zoned as ''Highway Zoning'' allowing for a variety of ''Mixed Uses''. The first floor has 720 square feet and the second floor has 252 square feet. The full basement is unfinished, with public water and private sewer, steam heat and ample parking.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05240_057-000-020
Zoning: HIGHWAY
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 38,373 102,054
Median Age: 39.92 38.49
Households: 16,286 45,005

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