945 Congress Street
Retail-Commercial
for Sale
| Catylist Listing ID: |
30842219 |
| Property Subtypes: |
Convenience Store, Mixed Use, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
|
| Building Size (RSF): |
5,269 SF
|
| Gross Building Area: |
9,094 SF |
| Sale Price: |
$1,400,000 |
| Unit Price: |
$265.71 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Business |
| Building Name: |
945 Congress Street |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/19/2024 |
Overview / Comments
Introducing a Mixed-use building for sale at 947 Congress Street. This unique property features a successful specialty market on the first floor and a six-room apartment on the second floor with a full bathroom and kitchen. The building's prime location at the gateway to Portland's downtown on Congress Street offers exceptional visibility, with traffic counts of 11,470+/- cars/day AADT. The property is conveniently located near I-295, the Amtrak station, Portland Jetport, and within walking distance to the Maine Medical Center. The property's B-2 zoning allows for a diverse range of commercial uses, housing, and services, making it the perfect investment for anyone looking to expand their property portfolio highlights.
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Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Tax ID/APN: |
05170_065 C002 |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
Business |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
200 |
| Traffic/Vehicle Count: |
11,470 |
| Number of Stories: |
3 |
| Year Built: |
1900 |
| Lot Frontage: |
200 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
23,568 |
83,543 |
120,273 |
| Median Age: |
33.78 |
37.7 |
39.08 |
| Households: |
11,822 |
38,505 |
54,018 |
|
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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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