19 Arbor Street

Office for Sale
Sale Pending
Catylist Listing ID: 30863607
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 8,332 SF
Gross Land Area: 0.64 Acres
Sale Price: $1,795,000
Unit Price: $215.43 PSF
Property Use Type: Vacant/Owner-User
Building Name: 19 Arbor Street
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/26/2024

Overview / Comments

The Boulos Company is pleased to present an opportunity to acquire
a historic professional office building, originally the Arbor Street
Firehouse - Engine House Number 9.
Constructed in 1902, this distinguished 8,332± square foot structure is
a brick masonry building spanning 2.5 stories, strategically positioned
between Stevens and Forest Avenue.
The offering encompasses three parcels totaling 0.64± acres, providing
substantial parking and prospects for further development. Significant
Maine historic preservation renovations were undertaken in 2009.
Additionally, the sale includes a supplementary storage outbuilding,
augmenting its overall value and utility.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05170_146 D006
Zoning: B2
Property Located Between: Stevens and Forest Avenue
Property Visibility: Good
Highway Access: I295 and I95
Airports: PWM
Total Number of Buildings: 2
Number of Stories: 25
Year Built: 1902
Year Renovated: 2009
Construction/Siding: Brick
Parking Ratio: 28 (per 1000 SF)
Parking Type: Surface
Zoning Description: B2 - Business Community
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,988 73,963 119,776
Median Age: 38.86 37.69 39.02
Households: 6,592 34,217 53,415

Contact

Photograph of Listing Agent

Drew Sigfridson, SIOR

The Boulos Company NECPE Member
Photograph of Listing Agent

Claire Richardson

The Boulos Company NECPE Member
Photograph of Listing Agent

Reese McFarlane

The Boulos Company NECPE Member
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