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
Listing Office: Malone Commercial Brokers, Inc.
IDX
Last Updated: December - 28 - 2024
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