FORMER BRIGHTON AVE REDEMPTION CENTER FOR SALE

Retail-Commercial for Sale
Catylist Listing ID: 30723942
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 1,334 SF
Gross Building Area: See Agent
Gross Land Area: 0.44 Acres
Sale Price: $465,000
Unit Price: $348.58 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Brighton Ave Redemption Center
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/29/2021

Overview / Comments

The first redemption center in Portland, Brighton Ave Redemption opened in the early 1980s and ceased operations in early 2020 due to family circumstances. With a streamlined process already in place, customers could drive up, have their returnables unloaded by an employee and then be paid as soon as everything is counted – all without having to get out of their car.

Located directly on highly trafficked Brighton Avenue/Route 25, this property offers excellent visibility with signage and room to expand if needed. Opportunity exists to take over redemption center operations or bring your own business idea.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $5,355 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 284 E001 to E004
Zoning: B1 - NEIGHBORHOOD BUSINESS
Property Visibility: Excellent
Feet of Frontage: 137
Traffic/Vehicle Count: 20,270
Highway Access: Maine Turnpike nearby
Site Description: Large lot on high traffic main route with signage.
Tenancy: Single Tenant
Total Number of Buildings: 1
Roof Type: Flat
Parking Type: Surface
Parking Description: Plenty of room for cars to pull up and wait while returnables are being counted.
Heat Type: Electricity
Heat Source: Baseboard
Lot Frontage: 137
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,900 77,952 122,483
Median Age: 41.31 37.31 38.9
Households: 3,181 35,511 54,379

Contact

Photograph of Listing Agent

Kirk A Butterfield

Keller Williams Commercial
NECPE Member
Photograph of Listing Agent

Craig S. Church

Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
NECPE Member
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