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85 India St
Portland, ME 04101
Mixed-Use Old Port Building · Retail Property For Sale
EXECUTIVE SUMMARY
Single tenant, net leased investment property in one of Portland’s fastest-appreciating neighborhoods.
Brass & Briar Tattoo Studio lease through 2027 with option through January 31, 2030.
Tenant responsible for all maintenance. Landlord responsible for roof and structure only. New high-efficiency heating system installed 2022.
Opportunity for future development in a highly walkable setting. Potential for first or third floor owner user space with tenant approval.
Sale Price: $1,225,000
Brass & Briar Tattoo Studio lease through 2027 with option through January 31, 2030.
Tenant responsible for all maintenance. Landlord responsible for roof and structure only. New high-efficiency heating system installed 2022.
Opportunity for future development in a highly walkable setting. Potential for first or third floor owner user space with tenant approval.
Sale Price: $1,225,000
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,830 SF
Building Class
C
Year Built
1903
Price
$1,710,002 CAD
Price Per SF
$354.04 CAD
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.21
Lot Size
0.53 AC
Zoning
IS-FBC - India Street Form-Based Code
PROPERTY TAXES
| Parcel Number | PTLD-000020-000000-D010001 | Improvements Assessment | $1,497,124 CAD |
| Land Assessment | $345,909 CAD | Total Assessment | $1,843,033 CAD |
PROPERTY TAXES
Parcel Number
PTLD-000020-000000-D010001
Land Assessment
$345,909 CAD
Improvements Assessment
$1,497,124 CAD
Total Assessment
$1,843,033 CAD
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