280 Lincoln Street , South Portland, ME 04106
South Portland, ME 04106
Description
Located in South Portland's Ligonia neighborhood, this is a unique opportunity to purchase a turnkey 7-unit residential apartment building and a 5,582 SF flex building, currently with 7-commercial tenants. The apartment building is in great condition, with many renovated units, two newer boilers, a brand-new deck, fresh paint and replacement windows. The flex building is divided into 7 studios/workshops, currently occupied by long term artists and ''maker'' tenants on an at-will basis. The owner occupies one of the commercial units as a workshop and can either remain as a tenant or vacate for a new owner. This property is ideal as a fully occupied investment or for an owner-user seeking shop space while offsetting occupancy costs with rental income.
Details
| MLS# | 1599569 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1900 |
| Days On Site | 163 |
| Listing Provided By | Vitalius Real Estate Group, LLC | Briton Vitalius |
Features
| SQ Feet | 9,854 |
|---|---|
| Basement | Y |
| Zoning | A |
| Acreage | 0.69 |
Market Activity 04106
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Learn More About This Property
| State | ME |
|---|---|
| County | Cumberland |
| City | South Portland |
| Zip Code | 04106 |
| Listing VS Median (in 04106) | |
Price: $1,475,000 low | high Med: $698,900 SqFt: 9,854 low | high Med: 2,274 $ / SqFt: $150 low | high Med: $307 On Site: 163 low | high Med: 214.000000 | |