131 Preble St - Freestanding FOR SALE


Portland, ME 04101- West Bayside
$2,699,000 USD
207-415-4493
131 Preble St, Portland, ME for Sale
$2,699,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

131 Preble St
Portland, ME 04101
West Bayside


OVERVIEW

We are pleased to offer this exciting opportunity in Portland's fastest growing neighborhood. Right in the middle of the Bayside revitalization, sits this amazing three-story plus full basement wood frame beauty, formally known as Portland Architectural Salvage. This building sits on 3 corners and enjoys parking for 13+ vehicles. The very cool and modern three-story steel and glass entry separates the two separately owned buildings from each other but allows a shared large double door elevator and wide stair tower. Each building also shares common expenses for efficiency. Each floor here boasts almost 4500 sf with no bearing walls. The full basement space with two egresses and lots of windows, has tons of possibilities for added marketable space. The first floor shows off the original wood floors and structural beams along with oversized windows flooding the space with lots of light and exposure. The second and third floors lay out similarly, but Back Cove can be seen from the third floor. This building has housed many Portland businesses over the years but is now ready for your vision of retail, office, residential, or any combination you'd like. Close to Interstate 295, Trader Joes, Planet Fitness, Bayside Bowl, Two Fat Cats Bakery, Orange Theory, Chipotle, and many more!

FOR SALE DETAILS

PRICE

$2,699,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Portland Architectural Salvage Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront, Showroom

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

B-3

APN/PARCEL ID

PTLD-000034-000000-I001001

ASK ABOUT THIS PROPERTY

Edmund Gardner IIIGardner Real Estate GroupMore Info
207-415-4493

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Edmund Gardner IIIGardner Real Estate GroupMore Info
207-415-4493

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.