44 Oak St

Retail: Mixed Use

44 Oak St, PortlandME 04101

Property Details

Location

Address
44 Oak St, PortlandME 04101
County
Cumberland
Submarket
Parcels
05170_039 B011
In Opportunity Zone
Yes

Building Size

Building Size
Rentable Space
8,648 SF

Building Details

Type
 Retail: Mixed Use
Number of Buildings
1
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
4
Year Built
1914
Year Renovated
2015
Sprinklers
Parking Ratio
Condominiumized
Yes

Land & Utilities

Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
B3
Lot Depth
Lot Width
130 ft

Contacts

Current Listings

Downtown Condominium Package

8,648 SF$2,700,000
Colliers International - Portland

Presenting a rare offering of 3 contiguous condominium units totaling 8,648± SF located within an Opportunity Zone in downtown Portland, ME. 44 Oak Street is a beautiful brick building with a large window line, views of Casco Bay, period details, 10’ to 13' tin ceilings, and keyed elevator access. There is potential upside for residential conversion. Excellent exposure on Free Street with an additional private entrance on Oak Street. Centrally located a block from Congress Street and near Maine College of Art, Portland Museum of Art, Maine Children’s Museum, Cross Insurance Arena, and many professional offices, retail shops, and restaurants. Offering does not include 4th floor residential condominium.

Colliers International - Portland

Presenting a rare offering of 3 contiguous condominium units totaling 8,648± SF located within an Opportunity Zone in downtown Portland, ME. 44 Oak Street is a beautiful brick building with a large window line, views of Casco Bay, period details, 10’ to 13' tin ceilings, and keyed elevator access. There is potential upside for residential conversion. Excellent exposure on Free Street with an additional private entrance on Oak Street. Centrally located a block from Congress Street and near Maine College of Art, Portland Museum of Art, Maine Children’s Museum, Cross Insurance Arena, and many professional offices, retail shops, and restaurants. Offering does not include 4th floor residential condominium.

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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

More Information

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