1685 Congress St - Office FOR SALE


Portland, ME 04102- Libbytown
$7,900,000 USD
207-772-8300
1685 Congress St, Portland, ME for Sale
$7,900,000 USD
Office - FOR SALE
1/8
null | 7.42% Cap Rate

1685 Congress St
Portland, ME 04102
Libbytown


OVERVIEW

STROUDWATER CROSSING 32,134± SF professional/medical office building on 8.92± AC lot 100% occupied with long-term NNN Tenants Central location between The Maine Mall and Downtown Portland with easy access from I-295 and I-95 Ample parking at 5:1 ratio NOI of $585,799.00

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

7.42%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

8.92 AC

LAND SF

388,555 SF

ZONING

Commercial

APN/PARCEL ID

PTLD-000219-000000-A013001

ASK ABOUT THIS PROPERTY

John DoyonMalone Commercial BrokersMore Info
207-772-8300

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John DoyonMalone Commercial BrokersMore Info
207-772-8300

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