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244 Western Ave 19,188 SF 27% Leased Office Building South Portland, ME 04106 $5,204,898 CAD ($271.26 CAD/SF)



Executive Summary
OFFICE BUILDING
•13,955± RSF available
•19,188±SF building on 2.61± acres
•Subdividable providing for a variety of users
•Ideal opportunity for owner-user
•Prominent signage visibility along Western Avenue, with convenient access to the Maine Mall, I-95 & I-295
•Ample on-site parking with 92± spaces
SALE PRICE: $3,800,000
LEASE RATE: $26.00/SF NNN
•13,955± RSF available
•19,188±SF building on 2.61± acres
•Subdividable providing for a variety of users
•Ideal opportunity for owner-user
•Prominent signage visibility along Western Avenue, with convenient access to the Maine Mall, I-95 & I-295
•Ample on-site parking with 92± spaces
SALE PRICE: $3,800,000
LEASE RATE: $26.00/SF NNN
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
19,188 SF
Building Class
B
Year Built
1976
Price
$5,204,898 CAD
Price Per SF
$271.26 CAD
Percent Leased
27%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,594 SF
Building FAR
0.17
Lot Size
2.61 AC
Opportunity Zone
Yes
Zoning
CS - Suburban Commercial
Parking
92 Spaces (5.27 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | SPOR-000067-000000-000020 | Improvements Assessment | $2,266,187 CAD |
| Land Assessment | $969,839 CAD | Total Assessment | $3,236,026 CAD |
Property Taxes
Parcel Number
SPOR-000067-000000-000020
Land Assessment
$969,839 CAD
Improvements Assessment
$2,266,187 CAD
Total Assessment
$3,236,026 CAD
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244 Western Ave
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