Price Reduced 6.35%

$1,475,000

Pending

Est. Mortgage $0/mo *

Quick Pre-Approval

Brochure

Call Text Schedule Tour Request More Information

Price History

$1,575,000
8/7/2024

$1,475,000
10/15/2024

280 Lincoln Street, South Portland, ME, 04106

280 Lincoln Street, South Portland, ME, 04106
View larger map Directions

1900

9,854 sqft

Located in South Portland's Ligonia neighborhood, this is a unique opportunity to purchase a turnkey 7-unit residential apartment building and a 5,582 SF flex building, currently with 7-commercial tenants. The apartment building is in great condition, with many renovated units, two newer boilers, a brand-new deck, fresh paint and replacement windows. The flex building is divided into 7 studios/workshops, currently occupied by long term artists and ''maker'' tenants on an at-will basis. The owner occupies one of the commercial units as a workshop and can either remain as a tenant or vacate for a new owner. This property is ideal as a fully occupied investment or for an owner-user seeking shop space while offsetting occupancy costs with rental income.

Status:

Pending

Type:

Commercial

Zoning:

A

Heating:

Baseboard

Cooling:

None

Basement:

Unfinished

Parking:

11 - 20 Spaces

Acreage:

0.69

Est. Taxes:

$13,892

Construction

Wood Siding, Vinyl Siding, Clapboard, Wood Frame

Lot Description:

Near Turnpike/Interstate, Near Shopping

MLS #:

1599569

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

$1,495,000

4,280 sqft

234 Middle Road, Falmouth, ME, 04105

Price Reduced!

$1,450,000

6,749 sqft

424 Walnut Hill Road, North Yarmouth, ME, 04097

Price Reduced!

$1,375,000

4,471 sqft

10 Church Street, Stockton Springs, ME, 04981

$1,475,000

9,932 sqft

357 W Main Street, Searsport, ME, 04974

Price Reduced!

$1,550,000

6,104 sqft

55 Sherman Street, Portland, ME, 04101

$1,598,000

4,117 sqft

75 Willow Street Street, Yarmouth, ME, 04096

Price Reduced!

$1,496,000

4,530 sqft

127 River Road, Saint George, ME, 04860

$1,550,000

6,526 sqft

233 Vaughan Street, Portland, ME, 04102

$1,600,000

6,100 sqft

19 Bass Harbor Road, Southwest Harbor, ME, 04679

$1,375,000

1,621 sqft

393 Bar Harbor Road, Trenton, ME, 04605

Price Reduced!

$1,499,000

7,446 sqft

671-675 Forest Avenue, Portland, ME, 04103

$1,495,000

1,661 sqft

6 Ocean Avenue, Kennebunkport, ME, 04046

$1,500,000

10,000 sqft

256 Sebago Road, Sebago, ME, 04029

$1,575,000

5,439 sqft

11 Holbrook Street, Freeport, ME, 04032

$1,475,000

8,235 sqft

5 Payne Avenue, Rockland, ME, 04841

$1,400,000

11,232 sqft

270 Pleasant Street, Rockland, ME, 04841

New or Coming Soon Properties

New Listing!

$1,750,000

6,519 sqft

17 Seahawk Avenue, Brunswick, ME, 04011

New Listing!

$1,750,000

4,648 sqft

255 St. John Street, Portland, ME, 04102

New Listing!

$1,195,000

24,560 sqft

668 Hollis Road, Hollis, ME, 04042

New Listing!

$1,675,000

6,974 sqft

679 Roosevelt Trail, Naples, ME, 04055

New Listing!

$1,495,000

19,640 sqft

1830 Lisbon Road, Lewiston, ME, 04240

New Listing!

$1,250,000

7,200 sqft

312 - 322 Mayville Road, Bethel, ME, 04217


Listing courtesy of Vitalius Real Estate Group, LLC