Catylist ID: #30409157
Galt Block Office Building
Office for Sale
|Catylist Listing ID:||30409157|
|Property Subtypes:||Office Building|
|Building Size (RSF):||38,072 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||0.42 Acres|
|Unit Price:||$288.93 PSF|
|Property Use Type:||Vacant/Owner-User|
|Class of Space:||Class B|
|Sale Terms:||Cash to Seller|
Overview / Comments
The Galt Block is an iconic brick and beam structure that has been fully renovated and updated by the current owners - Auto Europe. It will be vacant when Auto Europe relocates in early 2020 and after any desired cosmetic updating for a new occupant or occupants, it is in "move-in" condition.
Strategically located on Portland's waterfront at the east corner of Commercial and Franklin Streets, this high-visibility building sits at the gateway to both current and future Portland economic vitality.
38,072± SF, 5-story office building known as "The Galt Block"
Located on the corner of Commercial Street and Franklin Arterial with easy access to I-295 and the Maine Turnpike.
Property includes a 34± space, on-site parking lot.
Excellent opportunity for any business seeking a highly-visible downtown location.
For Sale: $11,000,000
Attachments & Media
|Finance Data Year||2019|
|Real Estate Taxes - Annual($)||$85,814 (Annual)|
|Nearest MSA:||Portland-South Portland|
|Tax ID/APN:||Map 29, Block P, Lots 27 & 31|
|Highway Access:||I-295 and I-95|
|Airports:||Portland International Jetport|
|Area Description:||Highly visible location at juncture of Portland's established business district and the burgeoning eastern waterfront area|
|Total Number of Buildings:||1|
|Number of Stories:||5|
|Typical SF / Floor:||8,080 SF|
|Parking Description:||34± on-site spaces plus additional 5 spaces utilized in City-owned Bradbury Court behind building and lot.|
|Total Parking Spaces:||39|
|Heat Source:||Heat Pump|
|Air Conditioning:||Engineered System|
|Zoning Description:||Downtown Business|
|Proximity:||1 mile||3 miles||5 miles|
Tony McDonald, CCIM/SIORThe Boulos Company NECPE Member
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