Retail Strip Center / For Sale

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30505837
Property Subtypes: Convenience Store, Mixed Use
Status: Pending
Building Size (RSF): 11,980 SF
Gross Building Area: See Agent
Gross Land Area: 0.52 Acres
Sale Price: $1,550,000
Unit Price: $129.38 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/13/2020

Overview / Comments

11,980± SF RETAIL STRIP CENTER
• 16 unit retail and office center
• Great corner location with high visibility and traffic counts
• Easily accessible at lighted intersection
• Ample on-site parking in front, side and rear lots
• 100% occupancy!
• NOI: $111,653
SALE PRICE: $1,550,000

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 284 C004
Zoning: B-1 NEIGHBORHOOD BUSINESS
Retail Clientele: General, Family, Business, Traveler, Recreation, Other
Property Visibility: Excellent
Feet of Frontage: 340
Traffic/Vehicle Count: 19,090
Highway Access: 95
Airports: Portland International Jetport
Site Description: CONSTRUCTION: 1960, masonry and frame, second floor 1980s Retail units renovated 2002 (Unit #8 2013) CONFIGURATION: 8 street retail units (480 - 2,370 SF±) 8 second floor office units (400 - 1,350± SF)
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1960
Year Renovated: 1980
Roof Type: Other
Construction/Siding: Other
Exterior Description: Vinyl
Parking Type: Structure
Parking Description: 42 spaces, paved, front and rear, lighted
Heat Type: Electricity, Other
Heat Source: Baseboard, Other
Zoning Description: B-1 Neighborhood Business
Lot Frontage: 340
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,900 77,270 122,483
Median Age: 41.31 37.37 38.9
Households: 3,181 35,167 54,379
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