Retail Building & Multifamily / For Sale

Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 30856498
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Other
Building Size (RSF): 3,776 SF
Gross Building Area: See Agent
Gross Land Area: 0.18 Acres
Sale Price: $945,000
Unit Price: $250.26 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/30/2023

Overview / Comments

RETAIL BUILDING & MULTIFAMILY

1,664+/- SF retail/restaurant and 2,112+/- SF duplex on 0.18+/- Acres

Retail layout consists of an opening dining area, full kitchen and bathroom

Duplex consists of two 2-bedroom, 1-bathroom units and a covered porch

Located close to downtown Portland over the Casco Bay Bridge

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05220_25-158
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Year Built: 1960
Construction/Siding: Aluminum Siding
Exterior Description: Retail Building Siding: Aluminum Multifamily Siding: Clapboard
Parking Type: Surface
Parking Description: Ample on-site
Interior Description: Retail Ceilings: Cathedral Multifamily Ceilings: 8’+/- HVAC: Forced hot water & mini-split
Lot Frontage: .99
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,374 68,635 112,896
Median Age: 40.94 38.58 39.49
Households: 2,573 31,904 50,827

Contact

Photograph of Listing Agent

Peter A. Harrington

Malone Commercial Brokers NECPE Member
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