Retail/Flex Building

Retail-Commercial for Sale
Catylist Listing ID: 30869697
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Vehicle Related
Building Size (RSF): 2,954 SF
Gross Building Area: See Agent
Gross Land Area: 0.25 Acres
Sale Price: $350,000
Unit Price: $118.48 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/3/2024

Overview / Comments

2,954± SF freestanding building on a 0.25± acre corner lot. Located on the high traffic intersection of Route 114 and Route 35. Traffic Count: 9,230 vehicles per day (AADT 2021). Great opportunity for storage or redevelopment. Flexible zoning for multiple uses. Just a short distance from USM’s Gorham Campus and Saint Joseph’s College of Maine, Sebago Lake, Hannaford and more.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05230_40-14
Zoning: VC - VILLAGE CENTER
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: Route 114 and Route 35
Traffic/Vehicle Count: 9,230
Highway Access: Maine Turnpike (I-95)
Airports: Portland International Jetport
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1940
Parking Type: Surface
Lot Frontage: 207.5
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,051 20,596
Median Age: 40.6 39.39
Households: 1,521 7,635

Contact

Photograph of Listing Agent

Joseph Italiaander

The Boulos Company NECPE Member
Photograph of Listing Agent

Christopher Gallagher

The Boulos Company NECPE Member
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