980 Riverside Street, Portland, ME 04103

$1,300,000
Property Type: Commercial Square Footage: 12,000 Lot Size (sq. ft.): 40,075 Status: Closed
Current Price: $1,300,000 List Date: 3/28/2024 Last Modified: 1/16/2025

Overview

Description

Have you ever dreamed of owning a self-storage business investment & property? Here's your chance to own a combination of 66-unit self-storage units & a newly renovated 2,400 stand-alone warehouse/ garage with two (2) large offices & bathroom sited on a 0.92 acre lot, which provides diverse income potential. This property is perfect for a savvy investor or owner-user to maximize returns. Warehouse is vacant for the new owner to occupy or lease, and there is additional yard space for fleet or additional revenue.

Listing Details MLS# 1585009

Location Information

Street #
980
Street Name
Riverside
Street Type
Street
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04103
Zip +4
1046
Leased Land
No
Book
32486
Page
261
Map
360
Block
A
Lot
7
Zoning
Industrial
Zoning Overlay
Unknown
Full Tax Amount $
10065
Tax Year
2022
Association Y/N
No

Contract Information

Original List Price
1300000

Property Information

Primary Use
Industrial
Surveyed
Yes
Deed/Conveyance Type Offered
Quit Claim
Deed
All
Deed Restrictions
Unknown
Bank Owned REO
No
Year Renovated +/-
2016
Tenancy
Multiple Tenants
Leases
Partial
Total # Floors
Yes
SqFt Finished Total
12000
Lot Size Acres +/-
0.92

Status Change Info

Pending Date
2024-04-27
Closed Date
2024-10-31
Closed Price
1300000

Commercial Bldg Information

Ceiling Height +/-
10
Manufacturing SqFt
2400
Total Units
67
Warehouse SqFt
2400

Water Info

Water Frontage
No

More Information

Sold Info

Appraiser Email Address
cplourde@mainevaluation.com

Location

Bus Line
Yes
Business District
Yes
Industrial Park
Yes
Near Airport
Yes
Near Shopping
Yes
Near Turnpike/Interstate
Yes
Public Transport Access
Yes
Suburban
Yes

Property Uses

Auto Service
Yes
Commercial
Yes
Distribution
Yes
Flex
Yes
Freestanding Building
Yes
Industrial
Yes
Manufacturing
Yes
Self Storage
Yes
Vehicle Related
Yes
Warehouse
Yes

Construction

Masonry
Yes
Wood Frame
Yes

Other Structures

Outbuilding
Yes

Basement

Slab
Yes

Foundation Materials

Poured Concrete
Yes

Exterior

Block
Yes
Vinyl Siding
Yes

Roof

Fiberglass
Yes

Heat System

Baseboard
Yes
Forced Air
Yes

Heat Fuel

Propane
Yes

Cooling

Other
Yes

Floors

Concrete
Yes

Building Features

Overhead Doors
Yes
Storage
Yes

Parking

21+ Spaces
Yes
Garage
Yes
On Site
Yes
Paved
Yes

Electric

Circuit Breakers
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Property Features

Location: Bus Line; Business District; Industrial Park; Near Airport; Near Shopping; Near Turnpike/Interstate; Public Transport Access; Suburban Construction: Masonry; Wood Frame Other Structures: Outbuilding Property Uses: Auto Service; Commercial; Distribution; Flex; Freestanding Building; Industrial; Manufacturing; Self Storage; Vehicle Related; Warehouse Basement: Slab Foundation Materials: Poured Concrete Exterior: Block; Vinyl Siding Roof: Fiberglass Heat System: Baseboard; Forced Air Heat Fuel: Propane Cooling: Other Floors: Concrete Building Features: Overhead Doors; Storage Parking: 21+ Spaces; Garage; On Site; Paved Electric: Circuit Breakers Sewer: Public Sewer Water: Public

Documents

Listing Office: Keller Williams Realty
IDX
Last Updated: January - 16 - 2025
Broker Attribution: 207-775-6561
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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