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535 Ocean Ave 3,045 SF Office/Medical Condo Unit Offered at $781,116 CAD in Portland, ME 04103



Investment Highlights
- Well-managed HOA
- New three-zone HVAC system and windows installed in 2022
- Turnkey professional/medical office layout
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | Map U11, Lot 16A |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | Map U11, Lot 16A |
Description
We are pleased to present for sale a 3,045± SF office condo at 535 Ocean Avenue in Portland. Unit 4 is the largest unit in the complex and offers a turnkey professional/medical office layout with 13 private offices, reception area, kitchen, kitchenette, and three bathrooms. Recent window upgrades provide
natural light throughout, and the property offers excellent visibility, potential signage, ample onsite parking, and easy access to I-295, downtown Portland, public transit, and surrounding communities. Nearby amenities include Monte’s Fine Foods, Cumberland Farms, Payson Park, Tipo Restaurant, Back Cove, and the future Roux Institute campus, adding to the convenience and continued growth of this highly accessible Portland location.
natural light throughout, and the property offers excellent visibility, potential signage, ample onsite parking, and easy access to I-295, downtown Portland, public transit, and surrounding communities. Nearby amenities include Monte’s Fine Foods, Cumberland Farms, Payson Park, Tipo Restaurant, Back Cove, and the future Roux Institute campus, adding to the convenience and continued growth of this highly accessible Portland location.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 4 | 3,045 SF | Office/Medical | $781,116 CAD ($256.52 CAD/SF) | - |
Unit 4
| Unit Size |
| 3,045 SF |
| Condo Use |
| Office/Medical |
| Price |
| $781,116 CAD ($256.52 CAD/SF) |
| NOI |
| - |
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Unit 4
| Unit Size | 3,045 SF |
| Condo Use | Office/Medical |
| Price | $781,116 CAD ($256.52 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | Map U11, Lot 16A |
| Description | |
| We are pleased to present for sale a 3,045± SF office condo at 535 Ocean Avenue in Portland. Unit 4 is the largest unit in the complex and offers a turnkey professional/medical office layout with 13 private offices, reception area, kitchen, kitchenette, and three bathrooms. Recent window upgrades provide<br> natural light throughout, and the property offers excellent visibility, potential signage, ample onsite parking, and easy access to I-295, downtown Portland, public transit, and surrounding communities. Nearby amenities include Monte’s Fine Foods, Cumberland Farms, Payson Park, Tipo Restaurant, Back Cove, and the future Roux Institute campus, adding to the convenience and continued growth of this highly accessible Portland location.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 7,281 SF | Floors | 2 |
| Property Type | Office (Condo) | Typical Floor Size | 3,641 SF |
| Property Subtype | Medical | Year Built | 1987 |
| Building Class | C | ||
| Zoning | Commercial - B-1 Neighborhood Business | ||
| Total Building Size | 7,281 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 3,641 SF |
| Year Built | 1987 |
| Zoning | Commercial - B-1 Neighborhood Business |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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535 Ocean Ave
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