HIGH VISIBILITY MIXED USE BUILDING FOR SALE

Retail-Commercial for Sale
Catylist Listing ID: 30519364
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use
Building Size (RSF): 3,316 SF
Gross Building Area: See Agent
Sale Price: $695,000
Unit Price: $209.59 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/14/2019

Overview / Comments

Former Anania’s market now available for sale. This once vital establishment was a favorite with loyal customers due to its high visibility location directly on Broadway in the Mill Creek neighborhood. Excellent high traffic location on a corner lot with dedicated parking. All FF&E are included with the sale “as-is”, as is the 2 BR second floor apartment that is currently occupied, and a small salon space that is currently vacant. This is a great investment and business opportunity for anyone willing to put some effort into bringing new life to this once popular market.

Attachments & Media

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $5,779 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 9-215
Zoning: LIMITED BUSINESS
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Broadway
Feet of Frontage: 192
Traffic/Vehicle Count: 16,880
Area Description: Excellent corner lot location on Broadway, the main thoroughfare through the area. The store was once a popular entity for the neighborhood and is in need of revitalization.
Number of Stories: 2
Property Condition: Good
Year Built: 1940
Roof Type: Flat
Construction/Siding: Vinyl Siding
Total Parking Spaces: 10
Lot Frontage: 192+/-
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,952 67,296 110,448
Median Age: 40.63 38.45 39.32
Households: 5,591 31,687 49,619

Contact

Photograph of Listing Agent

Craig S. Church

Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
NECPE Member
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