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535 Ocean Ave 3,045 SF Office/Medical Condo Unit Offered at $550,000 in Portland, ME 04103
Investment Highlights
- Well-managed HOA
- New three-zone HVAC system and windows installed in 2022
- Turnkey professional/medical office layout
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | Map U11, Lot 16A |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | Map U11, Lot 16A |
Description
We are pleased to present for sale a 3,045± SF office condo at 535 Ocean Avenue in Portland. Unit 4 is the largest unit in the complex and offers a turnkey professional/medical office layout with 13 private offices, reception area, kitchen, kitchenette, and three bathrooms. Recent window upgrades provide
natural light throughout, and the property offers excellent visibility, potential signage, ample onsite parking, and easy access to I-295, downtown Portland, public transit, and surrounding communities. Nearby amenities include Monte’s Fine Foods, Cumberland Farms, Payson Park, Tipo Restaurant, Back Cove, and the future Roux Institute campus, adding to the convenience and continued growth of this highly accessible Portland location.
natural light throughout, and the property offers excellent visibility, potential signage, ample onsite parking, and easy access to I-295, downtown Portland, public transit, and surrounding communities. Nearby amenities include Monte’s Fine Foods, Cumberland Farms, Payson Park, Tipo Restaurant, Back Cove, and the future Roux Institute campus, adding to the convenience and continued growth of this highly accessible Portland location.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 4 | 3,045 SF | Office/Medical | $550,000 ($180.62/SF) | - |
Unit 4
| Unit Size |
| 3,045 SF |
| Condo Use |
| Office/Medical |
| Price |
| $550,000 ($180.62/SF) |
| NOI |
| - |
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Unit 4
| Unit Size | 3,045 SF |
| Condo Use | Office/Medical |
| Price | $550,000 ($180.62/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | Map U11, Lot 16A |
| Description | |
| We are pleased to present for sale a 3,045± SF office condo at 535 Ocean Avenue in Portland. Unit 4 is the largest unit in the complex and offers a turnkey professional/medical office layout with 13 private offices, reception area, kitchen, kitchenette, and three bathrooms. Recent window upgrades provide<br> natural light throughout, and the property offers excellent visibility, potential signage, ample onsite parking, and easy access to I-295, downtown Portland, public transit, and surrounding communities. Nearby amenities include Monte’s Fine Foods, Cumberland Farms, Payson Park, Tipo Restaurant, Back Cove, and the future Roux Institute campus, adding to the convenience and continued growth of this highly accessible Portland location.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 7,281 SF | Floors | 2 |
| Property Type | Office (Condo) | Typical Floor Size | 3,641 SF |
| Property Subtype | Medical | Year Built | 1987 |
| Building Class | C | ||
| Zoning | Commercial - B-1 Neighborhood Business | ||
| Total Building Size | 7,281 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 3,641 SF |
| Year Built | 1987 |
| Zoning | Commercial - B-1 Neighborhood Business |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
535 Ocean Ave