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Listed by Dustin Slocum Engel & Volkers Casco Bay

$550,000

Est. payment - /mo

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4,370 SqFt

Active

854 Broadway South Portland, ME 04106

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Elevate Maine Realty

info@elevatemaine.com +1(207) 331-4565

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 4,370 sqft

Price per Sqft $125

MLS Listing ID 1626908

HOA Y/N No

Year Built 1912

Tax Year 2024

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Investment

Source Maine Listings

Land Area 4370

Property Description

854 Broadway is a mixed use property located in a highly visible area on a popular commuter street in South Portland, Maine. The first floor has a one room office with private bath and break room. This space has it's own entry. The second space on this floor is a 2 room office with french doors and big windows for plenty of natural sunlight. Both first floor spaces and the entry have beautiful hardwood floors. The second floor has 4 individual offices that share a bathroom with the 2 room office on the first floor. The 3rd floor is an immaculate 1 bedroom apartment with 2 egresses. The kitchen has cherry cabinets and granite counters.
There is a 1 car detached garage that is leased year round. The basement is dry and offers plenty of storage and includes a washer/dryer for the apartment.

Location

State ME

County Cumberland

Zoning LB

Direction Take Casco Bay bridge south from Portland. Take a right on Broadway then building is approx. 1/2 mile on the left. On the corner of Broadway and Carter St.

Rooms

Basement Bulkhead, Walk-Out Access, Full

Interior

Interior Features Storage

Heating Oil, Steam

Flooring Carpet, Laminate, Wood

Equipment Cable, Internet Access Available

Exterior

Parking Features 1 - 4 Spaces, 5 - 10 Spaces, On Site, Paved, Garage, Off Street

Waterfront Description Nearby

Roof Type Shingle

Garage Yes

Building

Lot Description Bus Line, Business District, Downtown, Near Shopping, Near Turnpike/Interstate, Retail Strip, Public Transport Access, Near Airport

Story 3

Foundation Brick/Mortar

Water Public

Others

Tax ID SPOR-000025-000000-000233

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Nearby Locations

Please Contact Me For More Information.

+1(207) 331-4565

info@elevatemaine.com

211 US-1, Falmouth, ME, 04105-1301, USA