186 Washington Ave, Portland, ME 04101
- $990,000
- 7,620
- SqFt
Listing courtesy of StartPoint Realty.
- List Price
- $990,000
- MLS#
- 1681505
- Status
- ACTIVE
- Type
- Commercial
- City
- Portland
- County
- Cumberland
- Living Area
- 7,620
- Lot Size
- 3,920
Property Description
Fantastic investment opportunity! Get in on the Washington Street revitalization that has already started and likely to make the adjacent properties which surround "Tavata" SOAR in value! Tavata a new 7 story, 325+ housing unit complex with street level commercial space is currently being built directly across the street. Also worth noting, is an approved 7 story building containing 87 micro-apartments on the corners of Washington and Congress, just a couple blocks away. The re-zoning of this section of Washington Ave in the last couple years from B-1 to B-2B greatly expands the vertical limits of new or existing development. You're essentially investing in the building itself and the air-rights overhead! This legendary building has been home to District 1, Post 25 AMVETS since 1953 (73 years). This 7600+sq' building has a cozy vibe with picture windows offering a Peek-a-boo view of Back Bay and the Portland city skyline facing West with incredible sunsets. All offers should be in by Monday, October 19th and will be reviewed and considered.
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Additional Information
- Living Area
- 7,620
- Electric
- Circuit Breakers
- Water
- Public
- Cooling
- Window/Wall
- Acres
- 0.09
- Roof
- Composition, Membrane
- Foundation
- Poured Concrete, Slab
- Courtesy Of Listing Office
- StartPoint Realty
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