7-Unit Multi-Family Building
Multi-Family
for Sale
| Catylist Listing ID: |
30799149 |
| Property Subtypes: |
Low-Rise/Garden, Mixed Use
|
| Number of Units: |
7 Units |
| Building Size (RSF): |
5,520 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.14 Acres
|
| Sale Price: |
See Agent |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Building Name: |
7-Unit Multi-Family Building |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/17/2022 |
Overview / Comments
650 Main Street consists of seven (7) units and is situated in a highly desirable location between the exciting Rock Row development and downtown Westbrook, which has several restaurants and shops for residents to enjoy, such as Market Basket, REI, Chick-fil-A, Starbucks, Kohl’s, and more.
PLEASE NOTE: This property is part of a portfolio.
The portfolio consists of four properties — two properties located in Westbrook and two properties located in Old Orchard Beach. This portfolio is being offered as one package or can be purchased separately (Westbrook package or Old Orchard Beach package). Please contact the broker for more details.
PROPERTY TOUR SCHEDULED: Thursday, May 19th at 10:45 a.m.
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Tax ID/APN: |
05240_033-000-026 |
| Zoning: |
CCD - CITY CENTER DISTRICT |
| Percent Occupied: |
100% |
| Restaurant(s) |
| Property Located Between: |
Main & Giles Street |
| Highway Access: |
I-95 |
| Airports: |
Portland International Jetport |
| Area Description: |
Mixed use building located on the corner of Main Street and Giles Street, across
from Riverbank Park and playground. |
| Total Number of Buildings: |
1 |
| Property Condition: |
Good |
| Number of Stories: |
2 |
| Year Built: |
1940 |
| Year Renovated: |
2020 |
| Parking Type: |
Surface |
| Parking Description: |
Two (2) dedicated parking spaces per residential unit + two (2) spaces for restaurant |
| Zoning Description: |
CCD - City Center District |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,747 |
34,148 |
113,231 |
| Median Age: |
35.2 |
37.79 |
38.52 |
| Households: |
3,887 |
14,090 |
48,545 |
|
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