Investment Retail Condo / For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30869937
Property Subtypes: Mixed Use, Street Retail, Other
Building Size (RSF): 1,620 SF
Gross Building Area: See Agent
Sale Price: $450,000
Unit Price: $277.78 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/15/2024

Overview / Comments

1,620+/- SF RETAIL CONDOMINIUM

Located in South Portland’s Knightville neighborhood, an emerging area of South Portland experiencing an influx of popular retailers and restaurateurs

High visibility on Ocean St with a walk score of 71 - Very Walkable

Only minutes from the Casco Bay Bridge and downtown Portland

Currently leased to Petalage Floral Studio

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05220_15-113
Zoning: VC
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: Ocean Street
Highway Access: I-295
Airports: Portland International Jetport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 2009
Roof Type: Flat
Construction/Siding: Steel Frame
Exterior Description: One (1) dedicated space in rear of the building
Total Parking Spaces: 1
Parking Type: Surface
Parking Description: One (1) dedicated space in rear of the building
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Zoning Description: Village Commercial District
Lot Frontage: 9999
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,358 68,178 110,448
Median Age: 38.86 38.46 39.32
Households: 8,991 32,026 49,619

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