521 Ocean Street, South Portland, ME 04106
$1,075,000
Property Type:
Commercial
Square Footage:
6,140
Lot Size (sq. ft.):
23,087
Status:
Closed
Current Price:
$1,075,000
List Date:
10/12/2018
Last Modified:
12/28/2024
Description
521 Ocean Street is an amazing property. Built in 1915, it features 11 bedrooms, 12 baths, A commercial kitchen and ample common areas. Since 1915, it has been a non-profit home for elderly woman. Very well maintained, it has period features throughout. 100% accessible by elevator, it is fully sprinklered with excellent utility systems. Due to the current zoning, AA (Residential) , any future use for which it would excel such as Bed & Breakfast, live-in treatment facility, etc, will need to be approved by the City of South Portland, with either a Contract Use or zone change, most likely to a more appropriate LB- limited business zone. A classic property in every sense.
Supplements: ********
More Information MLS# 1373674
Location Information
Book: 1675
Leased Land: No
Page: 239
Map: 21
Lot: 95
Zoning Overlay: No
Association Y/N: No
Street #: 521
Street Name: Ocean
Street Type: Street
County: Cumberland
Town: South Portland
State/Province: ME
Zip Code: 04106
Zoning: AA Residential
Full Tax Amount $: 12889
Tax Year: 2019
Geo Lat: 43.624466
Geo Lon: -70.25019
Property Information
Primary Use: General Commercial
Surveyed: Unknown
Lot Size Acres +/-: 0.53
Road Frontage +/-: 350
Year Built: 1915
SqFt Finished Total: 6140
Property Uses
Other: 1
Special Purpose: 1
Construction
Other: 1
Foundation Materials
Slab: 1
Exterior
Brick: 1
Roof
Membrane: 1
Slate: 1
Heat System
Steam: 1
Heat Fuel
Gas Natural: 1
Oil: 1
Floors
Carpet: 1
Tile: 1
Wood: 1
Parking
5 - 10 Spaces: 1
Off Site: 1
Electric
Circuit Breakers: 1
Generator Hookup: 1
Utilities
Utilities On: Yes
Sewer
Public Sewer: 1
Water
Public: 1
Contract Information
Status: Closed
Original List Price: 1349500
Sold Price: $1,075,000
Current Price: $1,075,000
Status Change Info
Pending Date: 2018-11-16
Closed Date: 2019-04-23
Closed Price: 1075000
Property Features
Construction: Other
Property Uses: Other; Special Purpose
Foundation Materials: Slab
Exterior: Brick
Roof: Membrane; Slate
Heat System: Steam
Heat Fuel: Gas Natural; Oil
Floors: Carpet; Tile; Wood
Parking: 5 - 10 Spaces; Off Site
Electric: Circuit Breakers; Generator Hookup
Sewer: Public Sewer
Water: Public
Documents
Listing Office:
Malone Commercial Brokers, Inc.
IDX
Last Updated: December - 28 - 2024
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 ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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