Freestanding Retail Building

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30649170
Property Subtypes: Free-Standing Building, Street Retail, Other
Status: Pending
Building Size (RSF): 11,100 SF
Gross Land Area: 1.68 Acres
Sale Price: $1,900,000
Unit Price: $171.17 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/12/2020

Overview / Comments

11,100 SF freestanding retail building on 1.68 acres

Prime location in the Maine Mall area and adjacent to Mallside Plaza

Excellent Maine Turnpike (I-95) visibility and just minutes from I-295 and Exits 45 & 46 of the Maine Turnpike

Ample parking, and building includes a 3,900 SF warehouse with loading dock

Immediately available For Sale or Lease

Attachments & Media

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $30,571 (Annual)
Assessed Value - Total($) $1,547,900 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Submarket/Township: Greater Portland
Taxing Authority: City of South Portland
Tax ID/APN: 068/006/I
Zoning: CCR
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Adjacent to Mallside Plaza
Property Visibility: Excellent
Largest Nearby Street: Maine Turnpike
Feet of Frontage: 269
Highway Access: Accessible from Exit 45 and Exit 46 of the Maine Turnpike, and Exits 1 and 3 of I-295
Airports: Portland International Jetport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1983
Roof Type: Flat
Construction/Siding: Block, Concrete
Total Parking Spaces: 33
Parking Type: Surface
Parking Description: On-site parking
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: CCR - Central & Regional Commercerial
Lot Frontage: 269
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,576 46,595 122,692
Median Age: 30.93 38.08 39.13
Households: 1,418 19,990 54,375

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