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Multi-Level with Business 94 Portland St

5 Unit Block of Flats £509,556 (£101,911/Unit) Portland, ME 04101

Executive Summary

Opportunity awaits! Located at the center of the peninsula and in Portland emerging Bayside neighborhood this commercial/mixed use investment provides income and opportunity. The main level is leased @ $3,300pm modified gross (tenants pay heat, ac, hot water and electric) and this space is lovely. The upper 2.5 levels have been gutted and await your imagination and finish. The current owners have plans for 5 residential apartments but the options are many. With ReCode this site is slated to become a B2B zone and even more desirable. The bones are good - the location fantastic - the opportunity apparent. Shown by appointment Monday through Friday 10Am to 4PM with advanced notice. Financing? With the Cannabis business some lenders won't finance. That said many local lenders will. The sellers currently have a mortgage with Bangor Savings, the tenant banks with Casco FCU & Evergreen FCU will also finance. Shown by appointment Monday through Friday 10Am to 4PM with advanced notice.

Attachments

Property Disclosure
Floor Plan

Property Facts

Price £509,556 Apartment Style Mid Rise
Price Per Unit £101,911 Building Class C
Sale Type Investment Lot Size 0.03 AC
No. Units 5 Building Size 5,002 SF
Property Type Residential Number of Floors 4
Property Subtype Apartment Year Built 1925
Price £509,556
Price Per Unit £101,911
Sale Type Investment
No. Units 5
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.03 AC
Building Size 5,002 SF
Number of Floors 4
Year Built 1925

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • Smoke Detector
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94 Portland St, Portland, ME - aerial map view
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number PTLD-000036-000000-H003001 Improvements Assessment £283,535
Land Assessment £99,857 Total Assessment £383,392

PROPERTY TAXES

Parcel Number
PTLD-000036-000000-H003001
Land Assessment
£99,857
Improvements Assessment
£283,535
Total Assessment
£383,392

zoning

Zoning Code B2b (Business to Business Commercial District)
B2b (Business to Business Commercial District)
(207) 775-0248

  • Listing ID: 32570350

  • Date on Market: 24/07/2024

  • Last Updated:

  • Address: 94 Portland St, Portland, ME 04101

The Bayside Residential Property at 94 Portland St, Portland, ME 04101 is currently available. Contact Benchmark Real Estate for more information.

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Multi-Level with Business | 94 Portland St
(207) 775-0248 x

Multi-Level with Business | 94 Portland St

Tom Landry

(207) 775-0248

(207) 775-0248

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