Old Port Retail / Office Building / For Sale

Shopping Center for Sale
Sale Pending
Catylist Listing ID: 30745327
Property Subtypes: Mixed Use
Status: Pending
Building Size (RSF): 16,379 SF
Gross Building Area: See Agent
Sale Price: $4,850,000
Unit Price: $296.11 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/21/2021

Overview / Comments

16,379± SF 6-STORY BUILDING
Also known as 161 Commercial Street
Retail space on 1st and 2nd floors are occupied by LeRoux Kitchens with entrance on Commercial Street
Floors 3-6 are office space with an entrance at 2 Market Street; 4th floor is currently vacant
Lots of pedestrian traffic - and great visibility
SALE PRICE: $4,850,000

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05170_032 S004
Zoning: B-3; DEOZ OVERLAY
Retail Clientele: General, Business, Traveler, Other
Property Visibility: Excellent
Airports: Portland International Jetport
Total Number of Buildings: 1
Number of Stories: 6
Property Condition: Good
Year Built: 1850
Construction/Siding: Brick, Stone
Parking Description: Landlord has parking available at 185 Commercial St.
Zoning Description: B-3; DEOZ Overlay
Lot Frontage: 999999

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,083 71,663 111,394
Median Age: 34.55 37.65 39.18
Households: 11,682 33,676 50,199
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