Office / For Sale

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30523557
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 7,313 SF
Gross Building Area: See Agent
Gross Land Area: 18,983 SF
Sale Price: $895,000
Unit Price: $122.38 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/7/2020

Overview / Comments

The Forest Avenue Veterinary Building is centrally located on Forest Avenue and adjoining the Deering section of Portland. The practice has been established there for 30+ years. About a year ago, the veterinarian who owned the building and practice sold the property with a 10-year lease back for his practice occupying about one half of the building. The new owner rehabbed the rear space that was formerly used for kennels and dog training modifying it to a warehouse space with four offices along with new windows, heat and air. This space can also accommodate service and retail uses.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: Map 142 Lot 13
Zoning: B-2
Property Visibility: Excellent
Highway Access: 295
Airports: Portland International Jetport
Site Description: Veterinary hospital and vacant warehouse mini-storage or retail space in the rear
Total Number of Buildings: 1
Year Built: 1969
Year Renovated: 2019
Roof Type: Other
Construction/Siding: Wood Frame
Exterior Description: Vinyl, wood (T-111) and decorative brick
Parking Description: Paved parking with 16 spaces (11 in rear, 5 in front) expandable along fence and lawn area
Total Parking Spaces: 16
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: B-2
Lot Frontage: 70
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,408 80,181 122,406
Median Age: 37.96 37.45 39.13
Households: 6,153 36,930 54,525
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.