900 Riverside St Portland, ME 04103
- Manufacturing properties
- 3,840 SF
- 0.87 lot acres
Current Use by Public Records
- Dana B Aaskov Plumbing & Heating / Heating Contractor
Property Details for 900 Riverside St
- Year built
- 1960
- Lot size
- 0.87 lot acres
- Property size
- 3,840 SF
- Property type
- Manufacturing properties
- APN
- PTLD M:361 B:A008001
- APU
- PTLDM361BA008001
Description
This exceptional 3,840 square foot office building presents a compelling investment opportunity in the vibrant city of Portland, Maine. Situated on a 0.87-acre lot at 900 Riverside Street, this property benefits from its location on a busy street with high visibility and accessibility via major public transportation routes and a nearby interstate. The building offers significant income potential through its existing rental units: an accessory unit featuring one bedroom and one bathroom, plus two additional rental units, all contributing to a steady rental income stream. Ample on-site parking further enhances the property's appeal to tenants. The building's versatile nature makes it suitable for a variety of uses, ensuring strong demand and long-term appreciation. This is an ideal investment for those seeking a combination of immediate income generation and future growth potential in a prime Portland location. Please note that a Quonset hut located on the property is not included in the sale. The asking price is $959,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.3196
- Latitude
- 43.7058
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
