980 Riverside Street, Portland, ME 04103

$1,300,000

Virtual Tour

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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

Waterfront: No

More Information

Sold Info

Appraiser Email Address: cplourde@mainevaluation.com

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

Property Disclosure Public Access ›

Deed Public Access ›

Stormwater Drainage Agreement ›

Tax Map ›

Listing Office: Keller Williams Realty

Selling Office: Keller Williams Realty

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 ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.