Free-Standing Retail Building

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30823885
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Street Retail, Other
Status: Pending
Building Size (RSF): 9,045 SF
Gross Building Area: See Agent
Gross Land Area: 0.23 Acres
Sale Price: $1,200,000
Unit Price: $132.67 PSF
Property Use Type: Vacant/Owner-User
Building Name: Botto's Bakery
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/1/2022

Overview / Comments

9,045 sf free-standing, 2-story retail building
Includes 839 sf of second floor office space and 800 sf of first floor retail space, and two loading docks.
Excellent frontage on Washington Ave with traffic counts over 26,190 vehicles/day (MDOT).
Favorably zoned as B-2: Community Business.
Immediately off of Exit 8 on I-295.
Potential to include some bakery equipment in sale, see broker for details.

Attachments & Media

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $12,062 (Annual)
Tax Value Land $247,200
Tax Value Improvements $639,100
Assessed Value - Total($) $886,300 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Taxing Authority: City of Portland
Tax ID/APN: Map 166, Block F, Lots 3-4
Zoning: B2 (COMMUNITY BUSINESS)
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Immediately off of Exit 8 on I-295.
Property Visibility: Excellent
Largest Nearby Street: Washington Ave
Traffic/Vehicle Count: 26,190
Highway Access: Immediately off of Exit 8 on I-295.
Site Description: Excellent frontage on Washington Ave with traffic counts over 26,190 vehicles/day (MDOT). Immediately off of Exit 8 on I-295. 1,500± SF paved parking lot on-site
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 800 SF
Year Built: 1930
Roof Type: Gable
Exterior Description: 9,045± sf free-standing, 2-story retail building.
Parking Type: Structure
Parking Description: 1,500± SF paved parking lot on-site.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Community Business
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,074 73,726 111,169
Median Age: 37.58 37.91 39.24
Households: 3,810 34,220 49,800

Contact

Photograph of Listing Agent

Sasha Bogdanovics

The Boulos Company NECPE Member
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