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262 Main St
South Portland, ME 04106
Retail Property For Sale
Investment Highlights
- Redevelopment opportunity
- Great visibility and parking
- Direct access to I-295
Executive Summary
Formerly used as a restaurant and a showroom/retail space for One Stop Party Shop, this property can be repurposed for many uses. The property abuts several other contiguous
properties that are also for sale if more land is needed. Great location near Cash Corner. The property is leased through December 31, 2027 for $74,000/year NNN or $6,166.67/month NNN
properties that are also for sale if more land is needed. Great location near Cash Corner. The property is leased through December 31, 2027 for $74,000/year NNN or $6,166.67/month NNN
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,195 SF
Building Class
C
Year Built
1972
Price
$1,074,500
Price Per SF
$173.45
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.80 AC
Zoning
C - Commercial
Parking
10 Spaces (1.73 Spaces per 1,000 SF Leased)
Frontage
127’ on Main St
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | SPOR-000041-000000-000013 | Improvements Assessment | $414,100 |
| Land Assessment | $244,200 | Total Assessment | $658,300 |
Property Taxes
Parcel Number
SPOR-000041-000000-000013
Land Assessment
$244,200
Improvements Assessment
$414,100
Total Assessment
$658,300
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