AnnCastonguay
SQUARE FEET2,583
MLS#1673464
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
135 Ocean Street -- Prime investment in Knightville. This well-maintained mixed-use building on one of South Portland's most sought-after blocks presents a rare opportunity for stable income and long-term growth. The property includes two residential units and a first-floor commercial space, all currently occupied by long-term tenants. The commercial tenant operates a medical cannabis business and has been in place for seven years, providing a dependable anchor for the building. Located in the heart of the neighborhood's activity and close to transit, shops and services, this property is an attractive option for an investor seeking steady cash flow and future upside.
Property Features
Property Type: Commercial - Business
Basement: Yes
Basement: Full, Unfinished
Heating: Gas Natural, Direct Vent Heater
Lot Size: 0.11 Acres
Roof Type: Flat, Membrane
Taxes: $7,223
Year Built: 1900
Feature Descriptions
Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding
Flooring: Tile, Wood
Foundation: Block, Brick/Mortar, Slab
Lot: Business District, Near Shopping
Parking: 5 - 10 Spaces, On Site, Paved, Off Street
Sewer: Public Sewer
Water: Public
Listed By / Shown By
Listed By
Agency Name: Portside Real Estate Group
Agency Phone: 207-619-7571
Shown By
Agent Name: Ann Castonguay
Agent Phone: (207) 242-1464
Agency Title: Sprague and Curtis Real Estate
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135 Ocean Street | MLS# 1673464
This commercial property located at 135 Ocean Street , South Portland, ME 04106 is currently listed for sale with an asking price of $775,000. Search South Portland real estate on acastonguay.spragueandcurtis.com today.