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Property profile & analytics
OFF-MARKET Estimated value $790,000
Warehouses

2325 Broadway South Portland, ME 04106-3362

21,000 SF 6.96 ac lot Built 2004
Entity Owned Free & Clear
Property ID
US42-0255464
Property summary
AI-generated overview

This exceptional 21,000 square foot commercial property, located at 2325 Broadway in Cumberland County, offers a unique blend of retail, office, and industrial space. Built in 2004, this single-story building sits on a generous 6.96-acre lot and is zoned CG - General Commercial (APN: Map 76, Lot 9). The property features two separate suites totaling 21,000 square feet, ideal for multiple tenants. Approximately 15,000 square feet is dedicated to dynamic warehouse space, complemented by roughly 5,000 square feet of office and retail space. The layout includes ten private offices, a conference room, a convenient kitchenette, a workshop area, and a showroom. The building boasts two loading docks and one drive-in door, ensuring efficient loading and unloading operations. Its strategic location offers easy access to I-295, placing it in close proximity to the Maine Mall and Portland International Jetport, providing excellent visibility and accessibility for businesses. This versatile property presents a rare opportunity for businesses seeking a combination of warehouse, office, and retail space in a highly desirable location. The property's size and amenities make it suitable for a variety of commercial uses.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2004
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 21,000 SF
Lot 6.96 ac (303,178 SF)
Zoning code Z
APN SPOR M:076 L:009
UPID US42-0255464
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
AI Approach AI
$765k
CAP Approach CAP
by Request
Comparable Approach Comparable
$810k
Blend (final) Blend
$790k
Owner & transaction history
2325 BROADWAY LLC
2325 BROADWAY LLC
Zoning & alternative use
Z · South Portland, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $1.1M +15.6%
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