535 Ocean Ave #5

Office for Sale
Catylist Listing ID: 30590832
Property Subtypes: Medical, Office Building
Building Size (RSF): 3,045 SF
Gross Building Area: See Agent
Sale Price: $325,000
Unit Price: $106.73 PSF
Property Use Type: Business
Class of Space: Class A
Sale Terms: Purchase Money Mortgage, Other
Cap Rate: Undisclosed
Last Updated: 9/15/2020

Overview / Comments

Medical/professional office condominium space on Ocean Avenue in Portland, just south of the Washington Avenue intersection. This is a single unit condo in a building that offers nine exam rooms, a full kitchen, a handicap accessible bathroom, as well as six private offices. Fully equipped for any medical practices. Great location on Ocean Ave with good visibility from the street.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05170_163 E003
Zoning: RP
Property Located Between: Payson Park and Washington Ave
Property Visibility: Excellent
Area Description: Near area high schools, universities, and commuter routes.
Total Number of Buildings: 2
Number of Stories: 4
Year Built: 1987
Roof Type: Gable
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: A large lot around 30 paces Shared.
Heat Source: Central
Zoning Description: RP
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,837 71,790 116,242
Median Age: 40.75 37.77 39.18
Households: 5,930 33,275 52,053

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