239 Ocean St South Portland, ME 04106-6601

This exceptional 1,621 square foot retail property, located at 239 Ocean Street in South Portland, Maine, presents a unique investment opportunity. Situated on a 0.38-acre corner lot at the busy intersection of Ocean Street and Broadway (Route 77), this property boasts high visibility and significant traffic counts exceeding 40,000 vehicles daily. The building, constructed in 1963 and extensively renovated in 2022, features a single story and offers ample parking with 14 spaces in a private paved lot. The property is zoned LB - Limited Business and includes a retail area, kitchen/prep area, storage, and a walk-in cooler. Recent upgrades include a new roof, HVAC system, and hood system (all installed within the last two years). This location within the Knightville/Millcreek neighborhoods offers a strong community presence. The property is currently vacant, providing flexibility for a variety of retail or restaurant uses. Note that certain assets within the building may be available for separate purchase; however, the business goodwill is not included in the sale. The asking price is $895,000.