For Sale
$1,475,000

114 Preble St Portland, ME 04101

West Bayside Restaurant, 4,424 SF, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
137
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

FAQs

What type of property is this?
Retail property - West Bayside Restaurant, 4,424 SF, Vacant
Where is the retail property located?
The property is located at 114 Preble St Portland, ME.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: West Bayside corner lot.; 4,424 square foot restaurant/mixed-use building.; Flexible zoning.
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.
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114 Preble St
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