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Property profile

239 Ocean St South Portland, ME 04106

OFF-MARKET
Turn key restaurants
Property ID
US42-0018252
1,621 SF 0.38 ac lot Built 1963
Last sale Nov 2025 · $605,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$420k
Assessed land$247k
Assessed improvement$172k
Effective rate1.41%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$315k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
Z
JurisdictionSOUTH PORTLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.3
HVAC Service11.0
Furniture Store9.3

Location

239 Ocean St South Portland, ME 04106-6601
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
372 Cottage, South Portland, ME 04106-3912 $635,000 Aug 2024 1,409 SF
37 Ocean, South Portland, ME 04106-2827 $250,000 Jul 2024 2,142 SF
321 Lincoln, South Portland, ME 04106-3527 $650,000 May 2024 2,145 SF
10 Cottage, South Portland, ME 04106-3603 $375,000 Apr 2024 1,360 SF
434 Western, South Portland, ME 04106-1704 $950,000 Jan 2024 1,632 SF
26 Robinson, South Portland, ME 04106-4344 $780,000 Nov 2022 3,275 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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