443 Western Ave South Portland, ME 04106
- Commercial real estate
- 26,696 SF
- 10.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 443 Western Ave
- Year built
- 1971
- Lot size
- 10.07 lot acres
- Property size
- 26,696 SF
- Zone code
- Z
- Property type
- Commercial real estate
- APN
- SPOR M:048 L:002-E
- APU
- SPORM048L002E
Description
Jetport Plaza, located at 443 Western Ave in South Portland, Maine (zip code 04106), presents a significant retail investment opportunity. This established shopping center comprises two single-story buildings totaling 100,982 square feet, situated on a spacious 10.07-acre lot. Built in 1971 and extensively renovated in 2005, the property offers ample parking with 462 spaces to accommodate customers and employees. The property is zoned CCR (the specific meaning of this zoning code is not provided here) and identified by APN Map 48, Lot 2E within Cumberland County. The property's multiple tenancy structure provides flexibility for a variety of retail uses. Its prime location in South Portland offers excellent visibility and accessibility. The property's substantial size and established presence make it an attractive option for investors seeking a well-maintained, established retail center in a thriving Maine community. The property's age and renovation history suggest a balance between established infrastructure and modern updates. Further due diligence is recommended to fully assess the property's potential.
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
- South Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.3278
- Latitude
- 43.6431
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
