8-10 Cottage Road South Portland

Retail-Commercial for Sale
Catylist Listing ID: 30801296
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 4,350 SF
Gross Building Area: See Agent
Sale Price: $1,000,000
Unit Price: $229.89 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/12/2022

Overview / Comments

Compass Commercial Brokers is pleased to offer for Sale 8 & 10 Cottage Road in South Portland. The iconic Knightsville properties have been owned by the same family for nearly 25 years, and are now positioned as prime redevelopment opportunities. 8 & 10 Cottage Road offer 4,350+/- square feet of office and retail on two floors with ocean views and deeded on-site parking. Knightsville has become a burgeoning lifestyle center with a well designed blend of residences, shops, restaurants, a marina, dog paths & parks, and the convenience of a supermarket just steps away. Everything is available by foot or bicycle. Knightsville is just minutes from Downtown Portland and I-295, making 8 & 10 Cottage Road an ideal retail/residential conversion investment. Contact the Broker for additional information.

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Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05220_15-3-132
Zoning: I-3 LIGHT INDUSTRIAL
Lot Frontage: 0000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,413 67,137 110,448
Median Age: 39.75 38.31 39.32
Households: 7,824 31,571 49,619
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