Redevelopment Site / For Sale

Special Purpose for Sale
Catylist Listing ID: 30360123
Property Subtypes: Funeral Home/Mortuary
Building Size (RSF): 3,220 SF
Gross Building Area: See Agent
Gross Land Area: 5.12 Acres
Sale Price: $580,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/2/2019

Overview / Comments

Several redevelopment possibilities include:

Within a ten minute walk to the beach, downtown and retail center with grocery store and post office

• Renovation to a modern funeral home or repurpose to office/ residential combo, short-term rental or a single family home

• Renovation of existing structure and addition of condominiums or multifamily rental for year-round or seasonal owners

• Affordable housing with ground floor parking and units above

• Federal and/or state historic tax credit programs could likely be employed to finance a renovation of the existing structure

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: Map 205 Lot 29
Zoning: HISTORIC OVERLAY DISTRICT
Property Visibility: Excellent
Feet of Frontage: 260
Airports: Portland International Jetport
Year Built: 1898
Roof Type: Other
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: 25± vehicle parking lot, two-car garage and driveway
Heat Type: Hot Water, Other
Heat Source: Other
Zoning Description: Historic Overlay District
Lot Frontage: 260
Water Service: Municipal, Other
Sewer Type: Municipal, Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,573 19,283 53,551
Median Age: 46.46 46.04 42.46
Households: 1,797 8,810 22,851
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.