Excellent investment opportunity. 6 private room suites in charming older building with period features including hardwood floors. Great 18,000+ daily traffic count,large rear parking lot holding 6+ cars. Updated systems. Fully rented at this time. Great for owner occupied business or use as rental property. Contact for more information and showing instructions.
Excellent owner/user or investment opportunity with this Rare 7 unit mixed use building offering in South Portland's highly desirable Knightville seaside neighborhood! This 2019 constructed building offers 6,006 +/- SF of quality built out restaurant space and 3,634 +/- SF comprised of (6) high end rentals which were recently converted into residential apartments offering wood flooring, granite, new cabinets, custom tile showers & state of the art heat pump system! This property offers (8) off street parking spaces and is a short drive to Portland's Old Port and all other amenities!
Ideally located restaurant building located at the busy intersection of Ocean St and Broadway (Route 77) in South Portland's Knightville/Millcreek neighborhoods. Formerly a pizza restaurant, the space offers a retail area, kitchen/prep area, storage, and walk-in cooler. The roof, HVAC system and hood system are all just two-years old. This community-centric locations offers excellent visibility and plenty of parking in its own paved, private lot. Note, assets within the building may be available for purchase for an additional price. However, the business goodwill is absolutely not for sale.
The median home value in South Portland, ME is $500,000. This is higher than the county median home value of $470,000. The national median home value is $338,100. The average price of homes sold in South Portland, ME is $500,000. Approximately 60.34% of South Portland homes are owned, compared to 33.63% rented, while 6.04% are vacant. South Portland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a South Portland real estate agent to arrange a tour today!
South Portland, Maine has a population of 26,428. South Portland is less family-centric than the surrounding county with 26.04% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in South Portland, Maine is $73,899. The median household income for the surrounding county is $80,679 compared to the national median of $69,021. The median age of people living in South Portland is 43.2 years.
The average high temperature in July is 78.4 degrees, with an average low temperature in January of 11 degrees. The average rainfall is approximately 49 inches per year, with 55.8 inches of snow per year.