Portland Restaurant Building

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30400935
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Status: Pending
Building Size (RSF): 11,362 SF
Gross Land Area: 0.84 Acres
Sale Price: $1,210,000
Unit Price: $106.50 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Portland Restaurant Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/22/2019

Overview / Comments

Very attractive offering of 11,362 SF restaurant building offers plenty of onsite parking. Front space currently occupied by Thai Restaurant with rear space currently vacant.

Property is owned by the US Marshall Service and purchase addendum will be required to be completed with any offer. See attachment.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 137-C-11
Zoning: B2
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1938
Lot Frontage: 177

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,826 80,092 121,655
Median Age: 38.04 37.44 38.95
Households: 8,703 37,081 54,288


Photograph of Listing Agent

Kevin Fletcher, CCIM

KW Commercial NECPE Member
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