Investment Opportunity - Office Condo
Office
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30872418 |
| Property Subtypes: |
Office Building
|
| Status: |
Pending/Contingent |
| Condo? |
Yes |
| Building Size (RSF): |
3,960 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.12 Acres
|
| Sale Price: |
$335,000 |
| Property Use Type: |
Investment |
| Building Name: |
Park One-Eleven Condominiums |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
8.13% |
| Last Updated: |
7/24/2024 |
Overview / Comments
|
3,960± SF fully tenanted, two-story office condo available for sale. Conveniently located on Route 111/Alfred Street in close proximity to Five Points and less than a mile from Maine Turnpike, Exit 32. Excellent opportunity in the Park One-Eleven Office Condominium.
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Tax ID/APN: |
31050_20-24 |
| Is Condo?: |
Yes |
| Zoning: |
B2 - HIGHWAY BUSINESS |
| Property Visibility: |
Excellent |
| Highway Access: |
Less than one mile from ME Turnpike, Exit 32. |
| Airports: |
Portland International Jetport |
| Number of Stories: |
2 |
| Year Built: |
1988 |
| Construction/Siding: |
Wood Siding |
| Parking Type: |
Surface |
| Parking Description: |
On-site, in common with other tenants |
| Heat Type: |
Propane |
| Heat Source: |
Central |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,510 |
28,023 |
50,448 |
| Median Age: |
41.79 |
39.46 |
42.24 |
| Households: |
2,954 |
12,041 |
21,743 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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