94 Portland Street
Portland, ME 04101
$645,000
Price
5
Beds
4
Baths
3,852 Sq. Ft.
$167 / Sq. Ft.
3,852
Sq. Ft.
$167
per Sq. Ft.
Description
Opportunity awaits! Located at the center of the peninsula and in Portland emerging Bayside neighborhood this commercial/mixed use investment provides income and opportunity. The main level is leased @ $3,300pm modified gross (tenants pay heat, ac, hot water and electric) and this space is lovely. The upper 2.5 levels have been gutted and await your imagination and finish. The current owners have plans for 5 residential apartments but the options are many. With ReCode this site is slated to become...Opportunity awaits! Located at the center of the peninsula and in Portland emerging Bayside neighborhood this commercial/mixed use investment provides income and opportunity. The main level is leased @ $3,300pm modified gross (tenants pay heat, ac, hot water and electric) and this space is lovely. The upper 2.5 levels have been gutted and await your imagination and finish. The current owners have plans for 5 residential apartments but the options are many. With ReCode this site is slated to become a B2B zone and even more desirable. The bones are good - the location fantastic - the opportunity apparent. Shown by appointment Monday through Friday 10Am to 4PM with advanced notice.
- Listed by Thomas Landry • Benchmark Real Estate
Property Details for 94 Portland Street
Waterfront
No
Waterfront FeaturesCove, Bay, Ocean
ArchitecturalStyleMulti-Level
GarageNo
ZoningB2b
LISTING UPDATED: 11/08/2024 11:32 AM
Property Details for 94 Portland Street
| Status | Active |
|---|---|
| MLS # | 1592426 |
| Days on Market | 168 |
| Taxes | $6,993 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1925 |
| Lot Size | 0.03 AC / 1,306 SF |
| County | Cumberland County |
Building Information for 94 Portland Street
Stories-Residences5Year Built1925Building Size-Lot Size0.03 AC / 1,306 SF
Property Information for 94 Portland Street
Summary
Location and General Information
- Road Surface Type: Paved
- Water Body Name: Back Cove
- Zip Code: 2829
- Directions: Portland Street (across from Post Office)
- Town: Portland
- State/Province: ME
- Zip Code: 04101
- County: Cumberland
- Geo Latitude: 43.657681
- Geo Longitude: -70.26548
- Tax Lot: 3
- Site:Corner Lot: Yes
- Site:Level: Yes
- Site:Open: Yes
- Site:Sidewalks: Yes
- Site:Well Landscaped: Yes
- Location:Business District: Yes
- Location:Near Country Club: Yes
- Location:Near Golf Course: Yes
- Location:Near Public Beach: Yes
- Location:Near Railroad: Yes
- Location:Near Shopping: Yes
- Location:Near Turnpike/Interstate: Yes
- Location:Other Location: Yes
- Location:Retail Strip: Yes
- Transportation:Major Road Access: Yes
- Transportation:Near Airport: Yes
- Transportation:Public Transport Access: Yes
- Transportation:Rail Available: Yes
- Recreational Water:Nearby: Yes
- Recreational Water:Public: Yes
Parking
- Parking Features: No Driveway, None
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 36542
- Tax Block: H
- Tax Map Number: 36
- Tax Year: 2023
- Parcel Number: PTLD-000036-H000003-000001
- Location Information:Association Y/N: No
- Tax Annual Amount: $6,993.00
Property
Heating and Cooling
- Water Heater:Off Heating System: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 3852.0
- Lot Size Acres: 0.03
- Source of Acreage: Public Records
- Building Area Total: 3852.0
- Lot Size Area: 0.03
- Lot Size Units: Acres
- Lot Size Square Feet: 1306.8
- Bathrooms Full: 4
- Bathrooms Half: 0
- Street Number: 94
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed Restrictions: Unknown
- Property Information:Total Half Baths: .00
- Property Information:Color: Brick
Parking
- Driveway:No Driveway: Yes
Property and Assessments
- Sign on Property: Yes
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1925
Utilities
- Electric: True
- Sewer: Yes
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:Natural - At Street: Yes
- Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Brick, Masonry
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Pitched, Shingle
Interior Features
- Basement: Brick/Mortar, Interior Entry, Unfinished
- Flooring: Wood, Vinyl, Other
- Interior Features: Storage
- Cooling: Heat Pump
- Heating: Hot Water, Heat Pump, Baseboard
- Foundation Details: Granite, Brick/Mortar
- Bathrooms Total (Integer): 4
- Bathrooms Total (Decimal): 4.00
- Bathrooms Total (Notational): 4.00
- Cooling YN: Yes
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $150,000.00
- Operating Expenses: $12,400.00
Multi-Family Information
- Number of Units: 5
Unit 1
- Unit 1:Lease: Yes
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $3,300.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 2.00
- Unit 1:# of Bedrooms: 1.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: Yes
- Unit 1:Dedicated Water Heater: No
- Unit 1:Electric: No
- Unit 1:Heat: No
- Unit 1:Range: No
- Unit 1:Refrigerator: No
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit 2
- Unit 2:Lease: No
- Unit 2:Level: Second
- Unit 2:Security Deposit: No
- Unit 2:Monthly Rent: $2,500.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 2.00
- Unit 2:# of Bedrooms: 1.00
- Unit 2:Dedicated Electric Meter: No
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: No
- Unit 2:Electric: No
- Unit 2:Heat: No
- Unit 2:Range: No
- Unit 2:Refrigerator: No
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit 3
- Unit 3:Lease: No
- Unit 3:Level: Second
- Unit 3:Security Deposit: No
- Unit 3:Monthly Rent: $2,500.00
- Unit 3:# Full Baths: .00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 2.00
- Unit 3:# of Bedrooms: 1.00
- Unit 3:Dedicated Electric Meter: No
- Unit 3:Dedicated Gas Meter: No
- Unit 3:Dedicated Water Heater: No
- Unit 3:Electric: No
- Unit 3:Heat: No
- Unit 3:Range: No
- Unit 3:Refrigerator: No
- Unit 3:Sewer: Yes
- Unit 3:Water: Yes
Unit 4
- Unit 4:Lease: No
- Unit 4:Level: Third
- Unit 4:Security Deposit: No
- Unit 4:Monthly Rent: $2,500.00
- Unit 4:# Full Baths: 1.00
- Unit 4:# Half Baths: .00
- Unit 4:# of Rooms: 2.00
- Unit 4:# of Bedrooms: 1.00
- Unit 4:Dedicated Electric Meter: No
- Unit 4:Dedicated Gas Meter: No
- Unit 4:Dedicated Water Heater: No
- Unit 4:Electric: No
- Unit 4:Heat: No
- Unit 4:Range: No
- Unit 4:Refrigerator: No
- Unit 4:Water: Yes
Unit 5
- Unit 5:Lease: No
- Unit 5:Level: Third
- Unit 5:Security Deposit: No
- Unit 5:Monthly Rent: $2,500.00
- Unit 5:# Full Baths: 1.00
- Unit 5:# Half Baths: .00
- Unit 5:# of Rooms: 2.00
- Unit 5:# of Bedrooms: 1.00
- Unit 5:Dedicated Electric Meter: No
- Unit 5:Dedicated Gas Meter: No
- Unit 5:Dedicated Water Heater: No
- Unit 5:Electric: No
- Unit 5:Heat: No
- Unit 5:Range: No
- Unit 5:Refrigerator: No
- Unit 5:Sewer: Yes
- Unit 5:Water: Yes
Unit Information
- Units:# of 1 BD Units: 5
- Units:# of 2 BD Units: 0
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 94 Portland Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 94 Portland Street
Taxable ValueLand$126,400Additions$358,900Total$485,300
Tax Record2024$7,284 ($607 / month)
Home Facts
Total Finished SqFt5,002 SqFtAbove Grade Finished SqFt5,002 SqFtLot Size1,394 SqFtStyleStoresYear Built1925CountyCUMBERLANDAPNPTLD M:036 B:H003001
Schools near 94 Portland Street
This home is within Portland Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Ocean Avenue PublicK to 5 | ||
King Middle School Public6 to 8 | ||
Casco Bay High School Public9 to 12 | ||
Deering High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near West Bayside
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Benchmark Real Estate
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
