Entertainment Complex/Redevelopment Opportunity at Clark's Pond
Retail-Commercial
for Sale
Sale Pending
| Catylist Listing ID: |
30858320 |
| Property Subtypes: |
Free-Standing Building, Movie Theatre, Restaurant, Tavern/Bar/Nightclub, Other
|
| Status: |
Pending |
| Building Size (RSF): |
28,183 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
11.94 Acres
|
| Sale Price: |
$3,095,000 |
| Unit Price: |
$109.82 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/28/2024 |
Overview / Comments
This existing turn key entertainment complex sits on 11.94 acres of land in a Federal Opportunity Zone making it a prime redevelopment opportunity. Zoning allows for Hotels, Motels and Extended Stay Hotels, places of assembly, amusement, restaurants, offices complexes and many other uses.
Anchored by Home Depot and occupied by numerous local and national tenants including; Jenny Craig, Plato’s Closet, Urban Air, Port City Nutrition, Olive Garden, Rockler and Uniforms Express, the Clark’s Pond shopping area offers unsurpassed visibility and accessibility in a thriving business community. Located just off I-95 and I-295 in South Portland by the Maine Mall area, this recently renovated building offers a standout location with excellent amenities in South Portland’s most popular retail destination. Offered for sale at $3,095,000
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Tax ID/APN: |
05220__066*0000*012* |
| Zoning: |
CCR |
| Lot Frontage: |
11.94 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,736 |
46,377 |
116,245 |
| Median Age: |
34.51 |
37.6 |
39 |
| Households: |
1,996 |
20,630 |
51,876 |
|
© Copyright 2024 Moody's. All Rights Reserved.
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.
|
