South Portland Redevelopment-Retail Investment

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30040331
Property Subtypes: Retail-Pad, Street Retail
Status: Pending/Contingent
Building Size (RSF): 40,000 SF
Gross Building Area: See Agent
Sale Price: $4,500,000
Unit Price: $112.50 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/29/2018

Overview / Comments

Harnden Commercial Brokers presents 35 Foden Road for sale. A 40,000+/- SF retail building with over 235 feet of frontage on Western Avenue!

Currently the home of Agren's, Thatchers, and Bedderrest, 35 Foden Road offers an unbelievable retail redevelopment opportunity for any investor.

In the CCR zone, this supreme location offers great access to I-95, I-295, the Portland International Jetport, and the Maine Mall.

Attachments & Media

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $0.96 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 8888
Zoning: CCR
Tenancy: Multiple Tenants
Property Condition: Average
Year Built: 1965
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Heat Pump
Lot Frontage: 235'

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,023 5,958
Median Age: 41.77 40.84
Households: 1,231 2,352

Contact

Photograph of Listing Agent

James D. Harnden

Harnden Commercial Brokers
NECPE Member
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