255 St. John St Portland, ME 04102

Property Details for 255 St. John St

Year built

1950

Lot size

0.22 lot acres

Property size

4,648 SF

Property type

Retail properties

Description

This exceptional investment opportunity encompasses two adjacent retail buildings situated at 255 and 259 St. John Street in Portland, Maine. The combined space totals just over 4,648 square feet, situated on a 0.22-acre lot, providing ample off-street parking—a significant advantage in a high-traffic location. The front retail space underwent a complete renovation in 2024, presenting a modern and updated aesthetic ready for immediate occupancy. Both buildings offer substantial storage space, adding to their functional appeal. The property is zoned B2 Business Community, allowing for a variety of potential uses. Interested parties are encouraged to verify permitted uses with the city's building code department to explore the full range of development possibilities. The asking price for this prime retail property is $1,750,000. This presents a rare chance to acquire a well-located, renovated retail space with significant potential for growth and return on investment in a thriving Portland neighborhood. The property's size, parking, and recent renovations make it an attractive proposition for a variety of retail businesses.