210 Western AveSouth Portland, ME 04106

Property Details for 210 Western Ave

Year built

1997

Construction

STEEL FRAME

Lot size

1.57 AC

Property size (Sq ft)

1,650 SF

Zone code

Z

Property type

Office properties

APN

SPOR M:067 B:A1 L:011

APU

SPORM067BA1L011

Description

This exceptional 1,650 square foot office suite, located on the first floor of 210 Western Avenue in South Portland, Maine, presents a fantastic opportunity for businesses seeking a modern and efficient workspace. Recently renovated in 2023, the space boasts five private offices, a welcoming reception area, a comfortable waiting room, and a convenient small kitchenette. The layout is adaptable and offers potential for use as a medical office, with space easily configured for exam rooms. The building itself, constructed in 1997 and situated on 1.57 acres, is a three-story structure with a total of 9,900 square feet. This particular suite benefits from excellent visibility and signage opportunities along Western Avenue, a high-traffic area in the desirable South Portland/Maine Mall vicinity. The property is zoned CS - Suburban Commercial, ensuring flexibility for a variety of professional uses. The suite is immediately available for lease, offering a turnkey solution for businesses seeking a move-in ready space. Shared amenities are available within the building. The zip code is 04106. This is a single-tenant occupancy space.

• CAP approach

  CAP return

  Valuation

  6%

  $272,794

  6.5%

  $251,810

  7%

  $233,824

• Comparable approach

  Method

  Valuation

  Relative Method

  $215,589

  Geo Method

  $215,589

• Alternative Use

  Use

  Valuation

  Residential

  $312,245

  Hospitality

  $286,014

  Educational

  $237,961

  Medical

  $246,144

  Retail

  $370,161

Location Insight

City

South Portland

County

Cumberland

State

Maine

Latitude

43.6366

Longitude

-70.3222

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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