For Sale
$895,000

239 Ocean St South Portland, ME 04106

South Portland, ME: Prime Retail Space

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 1,621 square foot retail property, located at 239 Ocean Street in South Portland, Maine, presents a unique investment opportunity. Situated on a 0.38-acre corner lot at the busy intersection of Ocean Street and Broadway (Route 77), this property boasts high visibility and significant traffic counts exceeding 40,000 vehicles daily. The building, constructed in 1963 and extensively renovated in 2022, features a single story and offers ample parking with 14 spaces in a private paved lot. The property is zoned LB - Limited Business and includes a retail area, kitchen/prep area, storage, and a walk-in cooler. Recent upgrades include a new roof, HVAC system, and hood system (all installed within the last two years). This location within the Knightville/Millcreek neighborhoods offers a strong community presence. The property is currently vacant, providing flexibility for a variety of retail or restaurant uses. Note that certain assets within the building may be available for separate purchase; however, the business goodwill is not included in the sale. The asking price is $895,000.

Highlights

  • $895,000 asking price for this 1,621 SF retail property.
  • Vacant, Class C building with a 2022 renovation.
  • Located on a 0.38-acre corner lot at Ocean St & Broadway in South Portland, ME (APN: 019/024).
  • Features 14 parking spaces and high visibility due to over 40,000 vehicles per day on Broadway and Ocean St.
  • Recent upgrades include a new roof, HVAC system, and hood system.

Property Details for 239 Ocean St

Property type
Retail properties, Restaurants
Square Feet
1,621 SF
Class
C
Year Built/Renovated
1963/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
16,553 SF

Location Insight

City
South Portland
County
Cumberland
State
Maine
Latitude
43.634134
Longitude
-70.252508

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FAQs

What type of property is this?
Retail property - South Portland, ME: Prime Retail Space
Where is the retail property located?
The property is located at 239 Ocean St South Portland, ME.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: $895,000 asking price for this 1,621 SF retail property.; Vacant, Class C building with a 2022 renovation.; Located on a 0.38-acre corner lot at Ocean St & Broadway in South Portland, ME (APN: 019/024).
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?
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Contacts

Kirk Butterfield
Kirk Butterfield
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Ocean St
South Portland, ME 04106

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Ocean St
South Portland, ME 04106

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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239 Ocean St
  • Kirk Butterfield
    Kirk Butterfield
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