60 Ocean Street, South Portland, ME 04106

$3,295,000

Virtual Tour

https://www.propertypanorama.com/instaview/mreis/1600476

Property Type: Commercial Square Footage: 9,640 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $3,295,000 List Date: 8/15/2024 Last Modified: 4/15/2025

Overview

Description

Excellent owner/user or investment opportunity with this Rare 7 unit mixed use building offering in South Portland's highly desirable Knightville seaside neighborhood! This 2019 constructed building offers 6,006 +/- SF of quality built out restaurant space and 3,634 +/- SF comprised of (6) high end rentals which were recently converted into residential apartments offering wood flooring, granite, new cabinets, custom tile showers & state of the art heat pump system! This property offers (8) off street parking spaces and is a short drive to Portland's Old Port and all other amenities!

Listing Details MLS# 1600476

Location Information

Street #: 60
Street Name: Ocean
Street Type: Street
County: Cumberland
Town: South Portland
State/Province: ME
Zip Code: 04106
Zip +4: 2829
Leased Land: No
Book: 40460
Page: 14
Map: 15
Lot: 102
Zoning: VC
Zoning Overlay: No
Full Tax Amount $: 18333
Tax Year: 2023
Association Y/N: No

Contract Information

Original List Price: 3395000

Property Information

Primary Use: Mixed Use
Surveyed: Unknown
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
Year Built: 2019
Year Renovated +/-: 2023
Tenancy: Multiple Tenants
Total # Floors: 2
SqFt Finished Total: 9640
Lot Size Acres +/-: 0.11
Road Frontage +/-: 145

Status Change Info

Pending Date: 2024-12-06
Closed Date: 2025-04-15
Closed Price: 3295000

Water Info

Water Frontage: No
Water View: Yes

Location

Near Shopping: Yes

More Information

Property Uses

Hotel/Motel: Yes
Restaurant: Yes

Construction

Wood Frame: Yes

Basement

Full: Yes

Roof

Flat: Yes

Heat System

Forced Air: Yes

Heat Fuel

Electric: Yes

Cooling

Central Air: Yes

Accessibilitiy Amenities

Elevator/Chair Lift: Yes

Parking

5 - 10 Spaces: Yes
Off Site: Yes
On Site: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - At Street: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Property Features

Location: Near Shopping Construction: Wood Frame Property Uses: Hotel/Motel; Restaurant Basement: Full Roof: Flat Heat System: Forced Air Cooling: Central Air Parking: 5 - 10 Spaces; Off Site; On Site Electric: Circuit Breakers Gas: Natural - At Street Sewer: Public Sewer Water: Public

Documents

I&E ›

Disclosures ›

IDX

Listing Office: F.O. Bailey Real Estate

Selling Office: F.O. Bailey Real Estate

Last Updated: April - 15 - 2025

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.