Commercial Listings

MLS Number 1542038

• Commercial
• Property SubType Multi Family
• MLS Status Active
• Address 172 Blake Street
• Sq Ft Finished Total 60,747

This high quality portfolio in the fastest growing Southern Maine investment market contains 58 units in 11 buildings, centrally located in the Downtown area and in close proximity to one another. Very strong rental income with historic vacancy and delinquency rates near zero. All buildings have parking; most units have had significant upgrades and some have been renovated from the studs-in. Some of the recent improvements include heating systems, plumbing, wiring, insulation, decking and cabinetry. This portfolio has been operated by an extremely hands-on owner/manager, which is evident in the care of the buildings and the tenants. Fantastic opportunity to land a large, turnkey and profitable portfolio in this up-and-coming market.Property addresses and unit counts as follows: 172-176 Blake St - 15 units, 228 East Ave - 6 units, 167 Pine St - 6 Units, 215-217 Blake St - 5 units, 809 Sabattus St - 4 units, 53 Maple St - 4 Units, 119-121 Pierce St - 3 Units + SFH, 39 Howard St - 3 units, 166 Blake St - 3 units, 174 Bartlett St - 3 units, 487 Main St - Commercial Space + 1 Residential unit

Listed by Vitalius Real Estate Group,LLC

MLS Number 1542576

• Commercial
• Property SubType Mixed Use
• MLS Status Active
• Address 1871 Forest Avenue
• Year Built 1910

Located in the largest city in Maine, with population of over 68,000 in 2020, and just 2 hours north of Boston. This prime real estate in the west end of Portland, on a heavily trafficked road, with a multitude of development possibilities for both commercial and residential uses. This building features 8,771 sqft with a 2-3 bedroom apartment on the second level, a lower level loading dock, and two curb cuts with over 697 feet of road frontage in B2 zoning, on 3.43 acres.

Listed by A Team Realty

MLS Number 1535211

• Commercial
• Property SubType Retail
• MLS Status Active
• Address 1010-1016 Rt. 2
• Year Built 1968

The 80,375 +/- square foot Rumford Plaza offers a rare combination yield and value add play with an impressive tenant roll including Tractor Supply Company, Dollar Tree, Marden's and Motor Supply Company. Its a yield play with its list price providing an unlevered 8.18% cap rate based on the leasing the newly available 3,400 square feet of retail space @ $7.00/SF NNN. . It's a value play given the rising costs for land, construction and financing to construct an 80,000+ square foot shopping center. It's available @ $41.06/SF, a fraction of its replacement cost. There is no competition in its market area.Lastly, it's a value-add play given there is sufficient land to construct a mixed-use commercial and residential building in the massive 340 +/- space parking lot. The city of Rumford is motivated to work with qualified buyer-developers to streamline approvals for new development. 2021 common area expenses ($1.70/SF), including FY22 real estate taxes of $53,718, are reimbursed by the NNN tenants.

Listed by Bean Group

MLS Number 1542320

• Commercial
• MLS Status Active
• Address 1190 Forest Avenue
• Property SubType Mixed Use
• Year Built 1900

100% occupied brick 15,126 square foot mixed-use property. This historic building has just undergone major renovation with new storefronts, windows, heating, plumbing, electrical, etc. The first floor is comprised of six retail storefronts currently configured for 5 tenants. Facing busy Forest Avenue and Bishop Street, property offers visibility on one of the busiest intersections in the state of Maine. The second floor is new residential, comprised of 22 rooming units and a 2-bedroom apartment. The rear of the building offers parking and a loading dock. In addition, a separate .1825-acre, 20+ space parking lot is being conveyed with possible development opportunity. Current professional management is also available to the new owner if desired. Excellent financials, ideal for 1031 exchange investment. Close to many area restaurants, stores, businesses, and the University of New England. Also listed Multi-Family MLS # 1542321

Listed by Town & Shore Real Estate

MLS Number 1490227

• Commercial
• MLS Status Active
• Property SubType General Commercial
• Address Horse Point Road
• Sq Ft Finished Total 1

Labbe Construction Company, Equipment, Belgrade Gravel Pit, Rome Gravel Pit For Sale. Well Established & Reputable Earthwork/Construction Company with a large customer base. All Equipment is newer and well taken care of. Lots of materials available in the pits!

Listed by Keller Williams Realty

MLS Number 1531928

• Commercial
• MLS Status Active
• Property SubType Retail
• Year Built 1970
• Sq Ft Finished Total 4,068

Opportunity to own a piece of Portland's restaurant history! Over 4,000 sq ft fully equipped restaurant for sale. Sale includes the business, land, building and all the personal property inside the building. This property has a 30 year history of profit and growth. The current restaurant/bar seats up to 160, including a 460 sq ft function room. The property is located in the B2 zone which allows for many uses as well as expansion and potential for outdoor dining. There are 24 owned parking spots as well as deeded unlimited parking in surrounding common areas. Location, location, location! There is also a lease option available.

Listed by Landing Real Estate

MLS Number 1543025

• Commercial
• Property SubType Multi Family
• MLS Status Active
• Year Built 1910
• Sq Ft Finished Total 7,720

Excellent Condition 2-Building apartment complex with ample parking on the edge of Portland's West End. 531 Cumberland is a 5-unit building comprised of a large first-floor 3 bedroom unit and four 1-bedroom units on the upper levels. 535 Cumberland is a 7-unit building with seven 1-bedroom units., storage lockers and laundry room. Large parking lot with 16 spaces. Rarely does a property come on the market this well maintained. Current owner has replaced roofs, boilers and windows, as well as remodeled most apartments and hallways. Units are full of historic charm including original wood floors and moldings, stairwells, etc. Excellent peninsula location within walking distance to the Congress Street corridor, Maine Med, Deering Oaks Park and even the Old Port. Also Listed Multi-Family MLS# 1542944

Listed by Town & Shore Real Estate

MLS Number 1537601

• Commercial
• Property SubType Retail
• MLS Status Active
• Year Built 1929
• Acreage 0.13

Rare development or investment opportunity with this 6,029 SF lot on Munjoy Hill/East Bayside w/ water views and the possibility to construct a 65 +/- Ft building w/ a 10-15 +/- unit mixed use building. Please don't miss the opportunity to own quality real estate in Portland's hottest area!

Listed by F.O. Bailey Real Estate

MLS Number 1540889

• Commercial
• Property SubType Mixed Use
• MLS Status Active
• Address 181 Brackett Street
• Year Built 1900

We are pleased to offer this 13,020+/- SF building, perfect for an owner-user or redevelopment. The property offers beautiful brick exterior, retail visibility and high ceilings. Recent capital improvements include a new roof, replacement windows and exterior facade upgrades.

Listed by The Boulos Company

MLS Number 1515047

• Commercial
• Property SubType General Commercial
• MLS Status Active
• Address 456 East Shore Road
• Acreage 94

CAMPGROUND FOR SALE! Amazing income potential with this established campground on beautiful Worthley Pond. The property consists of 94 acres, with approximately 30 acres for the campground and 60 acres of wooded hillside awaiting development. Enjoy 200 feet of sandy beach frontage with dock, swim lines and swim raft. Currently, the campground is licensed for 72 spaces and could be approved for more. There are 43 seasonal rentals, 5 rental cabins, an owner's cabin with garage and living space above, his and her bath houses, laundry facilities, a drilled well, 2 septic systems, two pumping stations, a playground, a covered pavillion, an office/store and a garage. Continue use as a campground or develop for other use. Investors take notice!

Listed by Berkshire Hathaway HomeServices Northeast Real Estate

MLS Number 1544311

• Commercial
• Property SubType General Commercial
• Address 19 West Street
• MLS Status Active
• Year Built 1900

Rare West End opportunity to locate your office in this attractive historic brick building, or redevelop the property into residential housing. The 37,300 +/- SF lot offers additional development potential and ample parking, and with frontage on both West and Carleton Streets, there are numerous options to configure a future project or expansion. The two-story 7,160 +/- SF building is configured as medical office space, and features a full basement with amazing potential - think storage or additional usable square footage. The building will be delivered vacant and ready for immediate occupancy, or redevelopment.

Listed by Vitalius Real Estate Group,LLC