For Sale
$1,475,000

114 Preble StPortland, ME 04101

West Bayside Restaurant, 4,424 SF, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 4,424 square foot restaurant property, located at 114 Preble Street in Portland, Maine's vibrant West Bayside neighborhood, presents a compelling owner-user or investment opportunity. Situated on a 7,329 square foot corner lot, this single-story, 1955-built building boasts high visibility and convenient access to I-295. The property's flexible B7 zoning allows for diverse uses, complementing its history as a restaurant. Currently vacant, this 1-unit building offers immediate occupancy for a new owner. The substantial square footage provides ample space for a variety of restaurant concepts or other compatible businesses. On-site parking is a significant advantage in this desirable location. The asking price is $1,475,000. This is a rare chance to acquire a well-positioned commercial property in a thriving Portland neighborhood. The property's size, location, and zoning flexibility make it an attractive prospect for both established businesses and new ventures seeking a strong foothold in the Portland market. The building's history as a restaurant provides a solid foundation for continued success in the food service industry, while the flexible zoning opens doors to a wider range of possibilities.

Highlights

  • West Bayside corner lot.
  • 4,424 square foot restaurant/mixed-use building.
  • Flexible zoning.

Property Details for 114 Preble St

Property type
Retail properties, Restaurants
Square Feet
4,424 SF
Year Built
1955
Buildings
1
Stories
1
Units
1

Location Insight

City
Portland
County
Cumberland
State
Maine
Latitude
43.660272047378
Longitude
-70.26369947111
114 Preble St, Portland, Maine

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114 Preble St
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