Commercial Building / For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30484670
Property Subtypes: Mixed Use, Other
Building Size (RSF): 5,404 SF
Gross Building Area: See Agent
Gross Land Area: 0.12 Acres
Sale Price: $550,000
Unit Price: $101.78 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/6/2019

Overview / Comments

5,404 SF COMMERCIAL BUILDING WITH 2-BEDROOM APARTMENT

RETAIL: 1,920 SF 1st floor space with 1,728 SF basement; currently the Rosemont baking operation (FF&E included)

Includes outdoor seating and some on-site parking

APARTMENT: 1,756 SF 2-bedroom apartment on 2nd & 3rd floors

BUILDING SALE PRICE: $550,000

RETAIL SPACE LEASE RATE: $12.00 SF NNN

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 184 D026
Zoning: B1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Highway Access: 295
Airports: Portland International Jetport
Site Description: RETAIL UNIT: Includes 1,920 SF 1st floor retail space and 1,728 SF basement FF&E included (2) coolers, (2) 3 bay sinks, hood APARTMENT UNIT: Includes 1,100 SF 2nd floor and 656 SF 3rd floor—2 bedrooms, kitchen, dining room, living room, full bath—currently rents for $1,200/month all utilities included except electricity
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 4
Property Condition: Fair
Year Built: 1915
Construction/Siding: Block, Wood Frame
Parking Description: Driveway and on-street parking
Heat Type: Natural Gas, Other
Heat Source: Other
Zoning Description: B1
Lot Frontage: 53.04
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,444 79,612 123,669
Median Age: 39.6 37.37 39.1
Households: 6,304 36,822 55,014
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.