14 & 18 Veranda Street, Portland ME Retail FOR SALE


Portland, ME - East Deering
$1,415,000 USD
207-544-4100
, Portland, ME for Sale
$1,415,000 USD
Retail - FOR SALE
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14 & 18 Veranda Street, Portland ME
Portland, ME
East Deering


HIGHLIGHTS

  • 14 Veranda Street - retail restaurant with apartment above
  • 18 Veranda Street - freestanding retail
  • Income-producing portfolio - properties can be purchased separately

OVERVIEW

14 Veranda Street consists of a 4,637± SF mixed-use building with ground-floor restaurant space and a newly remodeled second floor two-bedroom residential apartment 18 Veranda Street features a 792± SF freestanding retail building currently operated as an ice cream stand (Beal’s Old Fashioned Ice Cream) Strong live-work play dynamics with restaurant, residential, and retail users clustered together in a walkable, commuter friendly location near the future entrance of The Roux Institute at Northeastern University Excellent exposure to commuter, neighborhood, and destination traffic via the I-295 Veranda Street interchange and high-traffic Washington Avenue corridor (26,150± ADT) Flexible exit strategy: hold as an income-producing portfolio, reposition either building for owner-occupancy, or sell individually over time. Each property can be purchased separately Sale Price: $935,000 | 14 Veranda Street Sale Price: $480,000 | 18 Veranda Street

ASK ABOUT THIS PROPERTY

Noah StebbinsThe Boulos CompanyMore Info
207-544-4100

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Noah StebbinsThe Boulos CompanyMore Info
207-544-4100

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