198 Maine Mall RdSouth Portland, ME 04106

  • Other commercial real estate
  • 96,050 SF
For Lease

Property Details for 198 Maine Mall Rd

Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
12.90 AC
Property size (Sq ft)
96,050 SF
Zone code
Z
Property type
Other commercial real estate
APN
SPOR M:068 L:006-B
APU
SPORM068L006B

Description

Mallside Plaza, located at 198 Maine Mall Rd in South Portland, ME 04106, presents a unique opportunity for retail and restaurant businesses. This multi-tenant property boasts a total of 98,401 square feet, situated on a generous 12.9-acre lot. The property offers flexible space options, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 5,000 square feet currently available. A significant 5,000 square feet of vacant space is ready for immediate occupancy. Built in 1987, the property features ample parking with 467 spaces to accommodate customers and employees. The property's zoning is designated as CCR. Its convenient location in South Portland, Cumberland County, provides excellent visibility and accessibility. The property's address is 198 Maine Mall Rd, and its APN is 05220__068*0000*006B. This is an ideal location for businesses seeking high traffic and strong community presence. The property's size and layout offer versatility for a variety of retail and restaurant concepts. Don't miss this chance to establish your business in a thriving commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $18,176,416
    Hospitality
    $16,649,500
    Educational
    $13,852,189
    Medical
    $14,328,587
    Retail
    $21,547,848
198 Maine Mall Rd, South Portland, Maine

Location Insight

City
South Portland
County
Cumberland
State
Maine
Latitude
43.6397
Longitude
-70.3327
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$288,842
$10,314,200
$10,113,100
$20,427,300
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FAQs

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