900 Riverside StPortland, ME 04103

Property Details for 900 Riverside St

Year built

1960

Lot size

0.87 AC

Property size (Sq ft)

3,840 SF

Property type

Manufacturing properties

APN

PTLD M:361 B:A008001

APU

PTLDM361BA008001

Description

This exceptional 3,840 square foot office building presents a compelling investment opportunity in the vibrant city of Portland, Maine. Situated on a 0.87-acre lot at 900 Riverside Street, this property benefits from its location on a busy street with high visibility and accessibility via major public transportation routes and a nearby interstate. The building offers significant income potential through its existing rental units: an accessory unit featuring one bedroom and one bathroom, plus two additional rental units, all contributing to a steady rental income stream. Ample on-site parking further enhances the property's appeal to tenants. The building's versatile nature makes it suitable for a variety of uses, ensuring strong demand and long-term appreciation. This is an ideal investment for those seeking a combination of immediate income generation and future growth potential in a prime Portland location. Please note that a Quonset hut located on the property is not included in the sale. The asking price is $959,000.

• Alternative Use

  Use

  Valuation

  Residential

  $726,678

  Hospitality

  $665,633

  Educational

  $553,799

  Medical

  $572,845

  Retail

  $861,465

Location Insight

City

Portland

County

Cumberland

State

Maine

Latitude

43.7058

Longitude

-70.3196

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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