Retail Condominiums / For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30866242
Property Subtypes: Restaurant, Street Retail
Condo? Yes
Building Size (RSF): 1,477 SF
Gross Building Area: See Agent
Sale Price: $700,000
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Winslow Lofts Condominiums
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/15/2024

Overview / Comments

TWO DOWNTOWN RETAIL CONDOMINIUMS : Real Estate Only

1,477+/- SF retail condo leased to Regards

Each tenant has designated storage space in the basement

1031 exchange opportunity

Great location in downtown Portland with a walk score of 97 - Walker’s Paradise

Unit C is available and can be purchased together

SALE PRICE: $700,000 PER CONDOMINIUM

Current Tenants

Tenant Business Name Regards
Is Renting? Yes

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05170_037 C017
Is Condo?: Yes
Zoning: B3
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Congress Street
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Excellent
Year Built: 1875
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Brick
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,061 78,550 111,093
Median Age: 34.13 38.07 39.15
Households: 13,617 36,466 50,070
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