Catylist ID:
#30819649
Prime Corner Retail Location
Retail-Commercial
for Sale
Sale Pending
| Catylist Listing ID: | 30819649 |
| Property Subtypes: | Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Vehicle Related |
| Status: | Pending |
| Building Size (RSF): | 6,418 SF |
| Gross Land Area: | 2.94 Acres |
| Sale Price: | $2,295,000 |
| Unit Price: | $357.59 PSF |
| Property Use Type: | Vacant/Owner-User |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/15/2023 |
Overview / Comments
|
Large corner lot at the intersection of Payne Road and Route 114. Traffic counts: 10,262 AADT on Payne Road and 8,852 AADT on Route 114. Nearby businesses include Walmart, Sam’s Club, Lowe’s, Hannaford’s, Cumberland Farms, O’Reilly’s Auto Parts, and many more. Ideal site for a national retailer. Flexible Zoning 1.5 miles from Maine Turnpike Exit 40 and just 10 minutes from downtown Portland. |
Attachments & Media
Additional Details
| Nearest MSA: | Portland-South Portland |
| County: | Cumberland |
| Tax ID/APN: | 05200_R038011 |
| Zoning: | B2 REGIONAL BUSINESS DISTRICT |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation |
| Property Located Between: | Payne and Gorham Road |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Payne |
| Traffic/Vehicle Count: | 10,262 |
| Highway Access: | I-95 |
| Airports: | Portland International Jetport |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Average |
| Year Built: | 1984 |
| Construction/Siding: | Vinyl Siding |
| Total Parking Spaces: | 30 |
| Parking Type: | Surface |
| Heat Type: | Natural Gas |
| Heat Source: | Central, Other |
| Lot Frontage: | 488 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,621 | 20,032 | 105,353 |
| Median Age: | 41.67 | 40.59 | 38.84 |
| Households: | 1,085 | 8,159 | 45,943 |
Contact
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