60 Ocean St South Portland, ME 04106-2829
Property profile & analytics
60 Ocean St South Portland, ME 04106-2829
- Turn key restaurants
- 7,232 SF
- 0.11 lot acres
Property ID
US42-0361604
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 60 Ocean St
- Year built
- 2019
- Construction
- FRAME
- Lot size
- 0.11 lot acres
- Property size
- 7,232 SF
- Property type
- Turn key restaurants
- APN
- SPOR M:015 L:102
- APU
- SPORM015L102
Description
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 tile showers, and a state-of-the-art heat pump system. The building sits on a 0.11-acre lot and includes eight off-street parking spaces. Currently operating at 100% occupancy, this property offers significant potential for both income generation and future appreciation. Its convenient location provides easy access to Portland's Old Port and other amenities. The building is zoned VC and presents a rare opportunity in a highly sought-after area. Asking price is $3,395,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,280,000
- ML approach
- $2,450,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- South Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.2537
- Latitude
- 43.6399
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,333
$153,800
$1,142,700
$1,296,500
-
$0.00
$0.00
$0.00
