966 Riverside Street Portland, ME 04103
Office and garage building totaling 4,272± SF with ample on-site parking on a 0.6494± acre lot.
- Added:
- Jul 9, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 11 at 3:20 am
Property Features for 966 Riverside Street
General Information
- Standard status
- Active
- Size
- 4,272 SF
- Lot size
- 0.65 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1973
Listing office Malone Commercial Brokers
Listing date Jul 9, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Malone Commercial Brokers
Investment Insights
Based on property information with market context.
The building is located in a popular area on Riverside Street near a golf course, providing an accessible setting for office-oriented users.
Overall, it presents as a small office/commercial building with a dedicated garage component and substantial on-site parking for occupants and visitors.
Key Highlights
- 4,272± SF office/commercial building plus 576± SF garage
- 0.6494± acre lot
- Ample on‑site parking
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.3k | $21.84 |
| − Vacancy | −$11.8k | −$2.75 |
| EGI | $81.5k | $19.09 |
| − OpEx | −$20.4k | −$4.77 |
| NOI | $61.2k | $14.32 |
