For Sale
$1,600,000

186 Washington Ave Portland, ME 04101

Historic Bar/Restaurant, 7,620 SF

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 7,620 square foot retail building, located at 186 Washington Avenue in Portland, Maine, presents a unique investment opportunity. Built in 1930, this two-story Class B property sits on a 0.097-acre lot (APN 10/F/2) and is currently offered for sale by the owner, Loring Charles Amvets Post No 25, at an asking price of $1,600,000 ($210 per square foot). The property is zoned B-2b and boasts a prime location within Portland's vibrant Washington Avenue corridor, benefiting from its proximity to I-295 and a variety of local amenities including restaurants, grocery stores, and boutique shops. The building's history as a bar and restaurant makes it ideally suited for a similar use, capitalizing on the area's bustling atmosphere and high foot traffic. This is a rare chance to acquire a well-situated, established property in a rapidly developing area of Portland. The building's size and layout offer significant potential for a variety of uses, making it an attractive investment for both established businesses and new ventures. The property's strong location and existing infrastructure provide a solid foundation for future success. Serious inquiries are encouraged.

Highlights

  • 7,620 SF retail building on a 0.097-acre lot in Portland, ME.
  • Prime location on Washington Ave, near I-295 and numerous amenities.
  • Ideal for bar/restaurant use; $1,600,000 asking price ($210/SF).
  • Zoned B-2b.

Property Details for 186 Washington Ave

Property type
Retail properties, Restaurants
Square Feet
7,620 SF
Class
B
Year Built
1930
Buildings
1
Stories
2
Lot Size (sq. ft)
4,225 SF

Location Insight

City
Portland
County
Cumberland
State
Maine
Latitude
43.669334724389
Longitude
-70.254395120223

FAQs

What type of property is this?
Retail property - Historic Bar/Restaurant, 7,620 SF
Where is the retail property located?
The property is located at 186 Washington Ave Portland, ME.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 7,620 SF retail building on a 0.097-acre lot in Portland, ME.; Prime location on Washington Ave, near I-295 and numerous amenities.; Ideal for bar/restaurant use; $1,600,000 asking price ($210/SF).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
186 Washington Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message