Williston West Church Condominiums

Multi-Family: Low-Rise

32 Thomas St, PortlandME 04102

Property Details

Location

Address
32 Thomas St, PortlandME 04102
County
Cumberland
Submarket
Parcels
05170_062 E005

Building Size

Building Size
Rentable Space
18,336 SF

Building Details

Type
 Multi-Family: Low-Rise
Number of Buildings
1
Number of Units
11
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
3
Year Built
1877
Year Renovated
2011
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.41 Acres
Land (SF)
17,860 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
R-4
Lot Depth
Lot Width

Contacts

Current Listings

Historic West End Residential Redevelopment

18,336 SF$3,700,000
The Boulos Company

This historic former Williston-West Church. This Gothic-style church, built in 1877, underwent a partial restoration and redevelopment which began in 2011 into five (5), distinctive residential one, two and three-bedroom units which are rented and occupied. The property also includes a vacant residential shell unit in the Parish House. Furthermore, the property recently received an amendment to the Conditional Zoning Agreement that may yield up to six (6) additional units. With the five (5) existing residences, and up to an additional six (6) to be constructed, the property has the potential for a total of eleven (11) residential condominiums. This is a rare opportunity for a purchaser with vision to develop the new units while enjoying the cash flow from the occupied condominiums.

18,336± sf former church with existing cash flow from five (5) tenanted condominiums

Beautiful, prominent historic building in the West End, one of Portland’s most desired neighborhoods

Located a 10 minute walk from the center of downtown Portland and 15 minutes (0.7 miles) from the Portland waterfront

Eligible for State and Federal Historic Rehabilitation Tax Credits and listed on the National Register

Five (5) existing parking spaces plus possibility for indoor parking

The Boulos Company

This historic former Williston-West Church. This Gothic-style church, built in 1877, underwent a partial restoration and redevelopment which began in 2011 into five (5), distinctive residential one, two and three-bedroom units which are rented and occupied. The property also includes a vacant residential shell unit in the Parish House. Furthermore, the property recently received an amendment to the Conditional Zoning Agreement that may yield up to six (6) additional units. With the five (5) existing residences, and up to an additional six (6) to be constructed, the property has the potential for a total of eleven (11) residential condominiums. This is a rare opportunity for a purchaser with vision to develop the new units while enjoying the cash flow from the occupied condominiums.

18,336± sf former church with existing cash flow from five (5) tenanted condominiums

Beautiful, prominent historic building in the West End, one of Portland’s most desired neighborhoods

Located a 10 minute walk from the center of downtown Portland and 15 minutes (0.7 miles) from the Portland waterfront

Eligible for State and Federal Historic Rehabilitation Tax Credits and listed on the National Register

Five (5) existing parking spaces plus possibility for indoor parking

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: NECPE

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