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94 Portland Street

Portland, ME 04101
  • $695,000
  • STATUS: Active
  • MLS #: 1592289
New
UPDATED: 154 min ago
$695,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,856
    SQFT
Type:
Commercial
Built:
1925
County:
Area:

School Ratings & Info

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Description

Opportunity awaits! Located at the center of the peninsula and in Portland emerging Bayside neighborhood this commercial/mixed use investment provides income and opportunity. The main level is leased @ $3,300pm modified gross (tenants pay heat, ac, hot water and electric) and this space is lovely. The upper 2.5 levels have been gutted and await your imagination and finish. The current owners have plans for 5 residential apartments but the options are many. With ReCode (rolling out this fall) this site and the rear parking lot (not part of this sale but the owners are open to offers) will become a B2B zone and even more desirable. The bones are good - the location fantastic - the opportunity apparent. Shown by appointment Monday through Friday 10AM to 4PM with advanced notice.

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-06-12T09:52:09.133.
www.davidmarshallteam.com/homes/151377041
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94 Portland Street Portland, ME 04101

  • Price: $695,000
  • Status: Active
  • On Site: Days
  • Updated: 154 min ago
  • MLS #: 1592289
0
Beds
0
Baths
0
½ Baths
0.07
Acres
3,856
SQFT
$180
$/SQFT
1925
Built
County:
Cumberland
Area:
Portland
Property Description
Opportunity awaits! Located at the center of the peninsula and in Portland emerging Bayside neighborhood this commercial/mixed use investment provides income and opportunity. The main level is leased @ $3,300pm modified gross (tenants pay heat, ac, hot water and electric) and this space is lovely. The upper 2.5 levels have been gutted and await your imagination and finish. The current owners have plans for 5 residential apartments but the options are many. With ReCode (rolling out this fall) this site and the rear parking lot (not part of this sale but the owners are open to offers) will become a B2B zone and even more desirable. The bones are good - the location fantastic - the opportunity apparent. Shown by appointment Monday through Friday 10AM to 4PM with advanced notice.
Exterior Features

Construction Materials BrickMasonry Foundation Details GraniteBrick/Mortar Lot Features Water ViewRail AvailablePublic Transport AccessNear Turnpike/InterstateNear AirportDowntownBusiness DistrictBus LineNear ShoppingOtherRetail Strip Parking Features None Roof PitchedShingle Water View Yes Waterfront Features CoveBayOcean Waterfront YN No

Interior Features

Basement Brick/MortarUnfinished Cooling Heat Pump Cooling YN Yes Flooring WoodVinylOther Heating Hot WaterHeat PumpBaseboard Heating YN Yes Interior Features Storage Wood Floors YN Yes

Property Features

Association YN No Electric Circuit Breakers Heat Fuel Electric YN Yes Land Lease YN No Other Equipment Internet Access Available Property Sub Type Mixed Use Sewer Public Sewer Water Source Public Zoning B2b

Maine Real Estate Information Systems logo Listing provided courtesy of Benchmark Real Estate: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-06-12T09:52:09.133.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
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