279 Main Street, South Portland, ME 04106

$2,525,000
Property Type: Commercial Square Footage: 10,578 Lot Size (sq. ft.): 126,324 Status: Closed
Current Price: $2,525,000 List Date: 1/28/2026 Last Modified: 5/13/2026

Overview

Description

Presenting a rare chance to acquire a landmark site at one of South Portland's most iconic, high-traffic intersections. Located at 279 Main Street, this property boasts combined traffic counts exceeding 25,000 VPD and offers immediate access to I-295 and high-density residential neighborhoods. The site currently features a 10,578 SF freestanding building with a drive-thru, providing a strong foundation for redevelopment or an owner-user transition. With additional excess land included, the highest and best use lies in a full-scale redevelopment project, supported by available site plan proposals. Secure a strategic foothold in a premier location with short-term holding income potential while you finalize your vision for this transformative site.

Listing Details MLS# 1650508

Location Information

Street #
279
Street Name
Main
Street Type
Street
County
Cumberland
Town
South Portland
State/Province
ME
Zip Code
04106
Zip +4
2629
Leased Land
No
Book
38674
Page
239
Map
041
Lot
160A
Zoning
Limited Business
Zoning Overlay
No
Full Tax Amount $
34756
Tax Year
2024
Tree Growth Y/N
No
Association Y/N
No

Contract Information

Original List Price
2850000

Property Information

Primary Use
Investment
Surveyed
No
Year Built
1996
SqFt Finished Total
10578
Lot Size Acres +/-
2.9

Status Change Info

Pending Date
2026-02-24
Closed Date
2026-05-11
Closed Price
2525000

Commercial Bldg Information

Ceiling Height +/-
12
Office SqFt +/-
400
Retail SqFt
10032
Total Units
Yes
Traffic Count +/-
25000

Water Info

Waterfront
No
Water View
No

More Information

Utilities

Utilities On
Yes

Property Features

Location: Business District; Near Turnpike/Interstate; Public Transport Access; Suburban Construction: Masonry; Steel Frame Property Uses: Freestanding Building; Net Leased; Retail Basement: Slab Foundation Materials: Poured Concrete; Slab Exterior: Block; Brick; Brick Veneer; Glass Roof: Flat; Membrane Heat System: Direct Vent Furnace; Forced Air Heat Fuel: Gas Natural Cooling: Central Air Floors: Carpet; Concrete; Vinyl Building Features: Internet Access Available; Overhead Doors; Sprinkler - Wet Parking: 21+ Spaces; On Site; Paved Electric: Circuit Breakers; Three Phase Sewer: Public Sewer Water: Public Sold Terms Other: Arms Length

Documents

IDX
Listing Office: Keller Williams Realty
Selling Office: Non MREIS Agency
Last Updated: May - 13 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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