Financial
Distress signals
Property profile

60 Ocean St South Portland, ME 04106

OFF-MARKET
Turn key restaurants
Property ID
US42-0361604
7,232 SF 0.11 ac lot Built 2019
Last sale Nov 2023 · $2,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Exceptional investment or owner-user opportunity in South Portland's desirable Knightville neighborhood. This three-story, 9,640 square foot mixed-use building, constructed in 2019 and renovated in 2023, boasts a blend of commercial and residential space. The property features 6,006+ square feet of high-quality restaurant space and 3,634+ square feet of residential area divided into six upscale apartments. Apartment amenities include wood flooring, granite countertops, new cabinetry, custom

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$1.30M
Assessed land$154k
Assessed improvement$1.14M
Effective rate1.41%

Value estimate

· Sep 2026
$2.28M
$2.05M – $2.51M
AI approach$2.45M

Realmo valuation models over county records.

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 Office15.6
HVAC Service12.4
Pharmacy9.5

Location

60 Ocean St South Portland, ME 04106-2829
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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
435 Cottage, South Portland, ME 04106-4922 $725,000 Dec 2024 6,860 SF
15 Ocean, South Portland, ME 04106-2838 $1,473,170 Jun 2024 4,627 SF
101 Ocean, South Portland, ME 04106-2833 $700,000 Mar 2023 4,164 SF
65 Wallace, South Portland, ME 04106-6143 $725,000 Mar 2023 9,180 SF
465 Maine Mall, South Portland, ME 04106-3204 $1,750,000 Aug 2022 6,250 SF
100 Gorham, South Portland, ME 04106-2405 $1,750,000 Jan 2022 6,380 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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