114 Preble StPortland, ME 04101

  • Retail properties
  • 4,424 SF
For Sale
$1,475,000 View listing

Property Details for 114 Preble St

Year built
1955
Lot size
0.07 AC
Property size (Sq ft)
4,424 SF
Property type
Retail properties
Property subtype
Retail space
APN
PTLD M:033 B:O001001
APU
PTLDM033BO001001

Description

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.

114 Preble St, Portland, Maine

Location Insight

City
Portland
County
Cumberland
State
Maine
Latitude
43.66
Longitude
-70.2634
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
$8,441
$237,800
$348,000
$585,800
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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 unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].