Redevelopment / Retail / Office For Sale

Retail-Commercial for Sale
Catylist Listing ID: 29988279
Property Subtypes: Free-Standing Building
Building Size (RSF): 5,661 SF
Gross Building Area: See Agent
Gross Land Area: 0.98 Acres
Sale Price: $395,000
Unit Price: $69.78 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/16/2018

Overview / Comments

370 U.S. Route 1 is currently a 5,661± SF, single-story building on a 0.98± acre site.

B3 General Business Zone

It is an excellent Route One location with ample parking and 322 feet of frontage. It is an ideal professional owner-occupied property.

Located on a busy part of US route 1 just north of Haigis Parkway connector to I-95/The Maine Turnpike.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: Map U39 Lot 44
Zoning: B3 GENERAL BUSINESS
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Good
Feet of Frontage: 322
Traffic/Vehicle Count: 27,600
Highway Access: 95
Airports: Portland International Airport
Site Description: BUILDING SIZE: 5,661± SF USES: Retail, Office STORIES: 1 BASEMENT: Full CONSTRUCTION: Wood frame HVAC: Natural gas WATER & SEWER: Municipal PARKING: 28± on site spaces
Area Description: The property is located on a busy segment of the U.S. Route 1 corridor just north of the Haigis Parkway connector over to the Maine Turnpike/I-95 in Scarborough.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1944
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: 28± on site spaces
Heat Type: Natural Gas
Zoning Description: B3 General Business
Lot Frontage: 322
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 932 18,613 60,797
Median Age: 61.81 44.27 41.14
Households: 435 7,458 26,569
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.