210 Western AveSouth Portland, ME 04106
- Office properties
- 1,650 SF
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
- Property subtype
- Other 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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