85 India St | Portland, ME 04101
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85 India St
Portland, ME 04101
Mixed-Use Old Port Building · Retail Property For Sale
Executive Summary
Single tenant, net leased investment property in one of Portland’s fastest-appreciating neighborhoods.
Brass & Briar Tattoo Studio lease through 2027 with option through January 31, 2030.
Tenant responsible for all maintenance. Landlord responsible for roof and structure only. New high-efficiency heating system installed 2022.
Opportunity for future development in a highly walkable setting. Potential for first or third floor owner user space with tenant approval.
Sale Price: $1,395,000 ($288/SF)
Brass & Briar Tattoo Studio lease through 2027 with option through January 31, 2030.
Tenant responsible for all maintenance. Landlord responsible for roof and structure only. New high-efficiency heating system installed 2022.
Opportunity for future development in a highly walkable setting. Potential for first or third floor owner user space with tenant approval.
Sale Price: $1,395,000 ($288/SF)
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,830 SF
Building Class
C
Year Built
1903
Price
£1,115,051
Price Per SF
£231
Tenancy
Multiple
Number of Floors
3
Building FAR
0.21
Lot Size
0.53 AC
Zoning
IS-FBC - India Street Form-Based Code
PROPERTY TAXES
| Parcel Number | PTLD-000020-000000-D010001 | Improvements Assessment | £857,271 |
| Land Assessment | £198,071 | Total Assessment | £1,055,342 |
PROPERTY TAXES
Parcel Number
PTLD-000020-000000-D010001
Land Assessment
£198,071
Improvements Assessment
£857,271
Total Assessment
£1,055,342
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