For Sale: Rare Mixed Use Building
Multi-Family
for Sale
| Catylist Listing ID: |
30876512 |
| Property Subtypes: |
Mid-Rise, Mixed Use
|
| Number of Units: |
7 Units |
| Building Size (RSF): |
9,640 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.11 Acres
|
| Sale Price: |
$3,395,000 |
| Unit Price: |
$485,000 Per Unit |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/17/2024 |
Overview / Comments
|
Excellent owner/user or investment opportunity with this Rare 7 unit mixed use building offering in South Portland's highly desirable Knightville seaside neighborhood! This 2019 constructed building offers 6,006 +/- SF of quality built out restaurant space and 3,634 +/- SF comprised of (6) high end rentals which were recently converted into residential apartments offering wood flooring, granite, new cabinets, custom tile showers & state of the art heat pump system! This property offers (8) off street parking spaces and is a short drive to Portland's Old Port and all other amenities!
|
Financials
| Finance Data Year |
2024 |
| Real Estate Taxes - Annual($) |
$19,266 (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Tax ID/APN: |
999999 |
| Zoning: |
VC |
| Property Condition: |
Excellent |
| Year Built: |
2019 |
| Total Parking Spaces: |
8 |
| Laundry: |
Shared |
| Sprinklers: |
Wet |
| Heat Type: |
Natural Gas |
| Heat Source: |
Heat Pump |
| Fuel: |
Gas |
| Air Conditioning: |
Engineered System |
| Lot Frontage: |
145 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
17,358 |
68,178 |
110,448 |
| Median Age: |
38.86 |
38.46 |
39.32 |
| Households: |
8,991 |
32,026 |
49,619 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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