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130 Western Ave 20,700 SF Retail Building South Portland, ME 04106 $4,650,000 ($224.64/SF)



EXECUTIVE SUMMARY
20,700± SF Retail Building on 2± AC
Located on the corner of Gorham Road and Western Avenue near the Maine Mall
Strategically positioned on the corner at a lighted intersection
Traffic counts average total 32,000± vehicles per day
46 on-site parking spaces
Freestanding roadside pylon sign
Newer roof & HVAC, building in excellent condition
Close to I-95, I-295 and the Portland Jetport
A wide variety of permitted commercial uses
Sale Price $4.65 million
Located on the corner of Gorham Road and Western Avenue near the Maine Mall
Strategically positioned on the corner at a lighted intersection
Traffic counts average total 32,000± vehicles per day
46 on-site parking spaces
Freestanding roadside pylon sign
Newer roof & HVAC, building in excellent condition
Close to I-95, I-295 and the Portland Jetport
A wide variety of permitted commercial uses
Sale Price $4.65 million
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,700 SF
Building Class
B
Year Built
1987
Price
$4,650,000
Price Per SF
$224.64
Tenancy
Single
Building Height
2 Stories
Building FAR
0.24
Lot Size
2.00 AC
Opportunity Zone
Yes
Zoning
WACC - Western Avenue Commercial Corridor
Parking
46 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
293’ on Western Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 050 164 A | Improvements Assessment | $1,239,800 |
| Land Assessment | $930,800 | Total Assessment | $2,170,600 |
PROPERTY TAXES
Parcel Number
050 164 A
Land Assessment
$930,800
Improvements Assessment
$1,239,800
Total Assessment
$2,170,600
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