211 Vly St Portland, ME 04102-3006
This exceptional mixed-use property at 211 Valley Street in Portland, Maine, presents a unique investment opportunity. The 04102 zip code location offers excellent visibility and accessibility. The fully renovated building, completed in 2022, boasts two overhead doors ideal for an auto shop or similar use, along with a convenient office space featuring a kitchenette and restroom. A substantial paved parking lot provides ample space for customers and employees. The property's B2 - Business Community zoning allows for a wide range of uses, making it an attractive option for owner-occupiers or developers. The existing structure provides immediate income potential, while the large lot size presents significant redevelopment possibilities. This is a rare chance to acquire a versatile property in a thriving Portland neighborhood, offering both immediate returns and long-term growth potential. The building's recent renovation ensures minimal upfront capital expenditure, allowing for immediate occupancy or streamlined redevelopment. The combination of existing income-generating space and significant development potential makes this a truly compelling investment. This property is ready for its next chapter.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.