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

• 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
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
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.