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Portland Architectural Salvage Building 131 Preble St 16,836 SF Retail Building Portland, ME 04101 $3,767,588 CAD ($223.78 CAD/SF)



INVESTMENT HIGHLIGHTS
- Near Trader Joes + Whole Foods.Sits on 3 Corners! Over 16000 sf of historic wood beauty. 3 floors, high ceilings, and full basement for redevelopment.
EXECUTIVE SUMMARY
We are pleased to offer this exciting opportunity in Portland's fastest growing neighborhood. Right in the middle of the Bayside revitalization, sits this amazing three-story plus full basement wood frame beauty, formally known as Portland Architectural Salvage. This building sits on 3 corners and enjoys parking for 13+ vehicles. The very cool and modern three-story steel and glass entry separates the two separately owned buildings from each other but allows a shared large double door elevator and wide stair tower. Each building also shares common expenses for efficiency. Each floor here boasts almost 4500 sf with no bearing walls. The full basement space with two egresses and lots of windows, has tons of possibilities for added marketable space. The first floor shows off the original wood floors and structural beams along with oversized windows flooding the space with lots of light and exposure. The second and third floors lay out similarly, but Back Cove can be seen from the third floor. This building has housed many Portland businesses over the years but is now ready for your vision of retail, office, residential, or any combination you'd like. Close to Interstate 295, Trader Joes, Planet Fitness, Bayside Bowl, Two Fat Cats Bakery, Orange Theory, Chipotle, and many more!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
16,836 SF
Building Class
C
Year Built
1900
Price
$3,767,588 CAD
Price Per SF
$223.78 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.07
Lot Size
0.36 AC
Zoning
B-3
Parking
13 Spaces (0.77 Spaces per 1,000 SF Leased)
Frontage
253’ on Kennebec St
AMENITIES
- Corner Lot
- Freeway Visibility
- Storage Space
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | PTLD-000034-000000-I001001 | Improvements Assessment | $2,282,223 CAD |
| Land Assessment | $174,118 CAD | Total Assessment | $2,456,341 CAD |
PROPERTY TAXES
Parcel Number
PTLD-000034-000000-I001001
Land Assessment
$174,118 CAD
Improvements Assessment
$2,282,223 CAD
Total Assessment
$2,456,341 CAD
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Portland Architectural Salvage Building | 131 Preble St
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