316 Portland Rd - Storefront Retail/Office FOR SALE


Bridgton, ME 04009
$1,400,000 USD
978-873-3072
316 Portland Rd, Bridgton, ME for Sale
$1,400,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 7.3% Cap Rate

NEW


316 Portland Rd
Bridgton, ME 04009


OVERVIEW

204 feet of road frontage on major road at a signalized 4-way intersection on the pin, with direct, signalized entrance. Fantastic investment opportunity in up-and-coming area with increasing traffic volume, additional land, and long-standing tenants. There are five tenants in the larger building. One tenant has a double unit. There is a separate building with a separate retail store. This property also has additional unmarketed and unused space on the lower level to bring in additional rent. A significant portion of the land is raw and unused. Property is extremely easy to maintain for any investor type. There is a current scheduled municipality project that will add a 4-way traffic signal at the intersection to this location for summer 2026. Property also presents an owner-occupied opportunity for the right type of tenant. Zoned as the Inner Corridor (IC) District by the town. This designation is designed to bridge the historic business core with more rural areas and typically accommodates a mixture of commercial and residential uses.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$356 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Warehouse, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,181 SF

ZONING

Commercial

APN/PARCEL ID

BRGT-000010-000000-000005

ASK ABOUT THIS PROPERTY

Todd KossRealty One Group Next LevelMore Info
978-873-3072

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Todd KossRealty One Group Next LevelMore Info
978-873-3072

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