Property summary
This exceptional 7,620 square foot retail building, located at 186 Washington Avenue in Portland, Maine, presents a unique investment opportunity. Built in 1930, this two-story Class B property sits on a 0.097-acre lot (APN 10/F/2) and is currently offered for sale by the owner, Loring Charles Amvets Post No 25, at an asking price of $1,600,000 ($210 per square foot). The property is zoned B-2b and boasts a prime location within Portland's vibrant Washington Avenue corridor, benefiting from its proximity to I-295 and a variety of local amenities including restaurants, grocery stores, and boutique shops. The building's history as a bar and restaurant makes it ideally suited for a similar use, capitalizing on the area's bustling atmosphere and high foot traffic. This is a rare chance to acquire a well-situated, established property in a rapidly developing area of Portland. The building's size and layout offer significant potential for a variety of uses, making it an attractive investment for both established businesses and new ventures. The property's strong location and existing infrastructure provide a solid foundation for future success. Serious inquiries are encouraged.
Property profile
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Current use
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Advocacy Group Social Service Agency
Location
Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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