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    OFF-MARKET
    Office Spaces

    210 Western Ave A1, South Portland, ME 04106-2424

    1,650 SF 1.57 ac lot Built 1997
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US42-0255756
    Property summary
    AI-generated overview

    This exceptional 1,650 square foot office suite, located on the first floor of 210 Western Avenue in South Portland, Maine, presents a fantastic opportunity for businesses seeking a modern and efficient workspace. Recently renovated in 2023, the space boasts five private offices, a welcoming reception area, a comfortable waiting room, and a convenient small kitchenette. The layout is adaptable and offers potential for use as a medical office, with space easily configured for exam rooms. The building itself, constructed in 1997 and situated on 1.57 acres, is a three-story structure with a total of 9,900 square feet. This particular suite benefits from excellent visibility and signage opportunities along Western Avenue, a high-traffic area in the desirable South Portland/Maine Mall vicinity. The property is zoned CS - Suburban Commercial, ensuring flexibility for a variety of professional uses. The suite is immediately available for lease, offering a turnkey solution for businesses seeking a move-in ready space. Shared amenities are available within the building. The zip code is 04106. This is a single-tenant occupancy space.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Year built 1997
    Construction STEEL FRAME
    Total area 1,650 SF
    Lot 1.57 ac (68,389 SF)
    Zoning code Z
    APN SPOR M:067 B:A1 L:011
    UPID US42-0255756
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    S&c Properties LLC · 4 yrs held
    S&c Properties LLC
    since 2022
    Last sale
    $267,500
    2 recorded transactions
    2022
    $267,500
    2010
    Zoning & alternative use
    Z · South Portland, ME
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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