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Fully-Leased Retail Investment Property 225 Waterman Dr

4,040 SF 100% Leased Retail Building South Portland, ME 04106 $1,300,000 ($322/SF)

Retail Buildings Maine South Portland 225 Waterman Dr, South Portland, ME 04106

Investment Highlights

  • Fully leased to credit tenants
  • On-site, paved parking
  • Easy acess via I-295 and Maine Turnpike

Executive Summary

225 Waterman Drive is a 4,040± SF building situated on the corner of Waterman Drive and the Casco Bay Bridge, with great visibility to 15,466± cars per day. The property is fully leased and has two tenants, Mind Your Mouth Dental and Maine Cannabis Exchange aka Blossom. Both tenants are in the middle of 5-year terms and have multiple 5-year extensions. The property has a 20-car parking lot, a dedicated curb cut, and excellent visibility.
FOR MORE INFORMATION, PLEASE COMPLETE, SIGN AND RETURN THE ATTACHED CONFIDENTIALITY AGREEMENT.

Attachments

CA - Co-Operating Broker_225 Waterman Drive
Confidentiality Agreement
Teaser_225 Waterman Drive, South Portland

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,040 SF
Building Class
C
Year Built/Renovated
1986/2019
Price
$1,300,000
Price Per SF
$322
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Land Acres
0.33 AC
Zoning
MCC - Mill Creek Core District
Parking
20 Spaces (4.95 Spaces per 1,000 SF Leased)
Frontage
143 FT on Waterman Dr

Amenities

  • Pylon Sign
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Walk Score ®
Very Walkable (77)
Bike Score ®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number SPOR-000018-000000-000009B Improvements Assessment $385,300
Land Assessment $446,800 Total Assessment $832,100

PROPERTY TAXES

Parcel Number
SPOR-000018-000000-000009B
Land Assessment
$446,800
Improvements Assessment
$385,300
Total Assessment
$832,100
(207) 553-1718

  • Listing ID: 32109834

  • Date on Market: 6/12/2024

  • Last Updated:

  • Address: 225 Waterman Dr, South Portland, ME 04106

More public record information on 225 Waterman Dr, South Portland, ME 04106

The Retail Property at 225 Waterman Dr, South Portland, ME 04106 is currently available For Sale. Contact The Boulos Company for more information.

Nearby Listings

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225 Waterman Dr, South Portland, ME for sale Building Photo- Image 1 of 19
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225 Waterman Dr, South Portland, ME for sale Building Photo- Image 2 of 19
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225 Waterman Dr, South Portland, ME for sale Interior Photo- Image 3 of 19
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225 Waterman Dr, South Portland, ME for sale Interior Photo- Image 4 of 19
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225 Waterman Dr, South Portland, ME for sale Interior Photo- Image 5 of 19
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225 Waterman Dr, South Portland, ME for sale Interior Photo- Image 6 of 19
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225 Waterman Dr, South Portland, ME for sale Interior Photo- Image 7 of 19
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225 Waterman Dr, South Portland, ME for sale Interior Photo- Image 8 of 19
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225 Waterman Dr, South Portland, ME for sale Interior Photo- Image 9 of 19
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225 Waterman Dr, South Portland, ME for sale Building Photo- Image 10 of 19
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225 Waterman Dr, South Portland, ME for sale Interior Photo- Image 11 of 19
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225 Waterman Dr, South Portland, ME for sale Interior Photo- Image 12 of 19
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225 Waterman Dr, South Portland, ME for sale Interior Photo- Image 13 of 19
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225 Waterman Dr, South Portland, ME for sale Interior Photo- Image 14 of 19
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225 Waterman Dr, South Portland, ME for sale Interior Photo- Image 15 of 19
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225 Waterman Dr, South Portland, ME for sale Building Photo- Image 16 of 19
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225 Waterman Dr, South Portland, ME for sale Building Photo- Image 17 of 19
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225 Waterman Dr, South Portland, ME for sale Building Photo- Image 18 of 19
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Fully-Leased Retail Investment Property | 225 Waterman Dr
(207) 553-1718 x

Fully-Leased Retail Investment Property | 225 Waterman Dr

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John Finegan

(207) 553-1718

(207) 553-1718

Reese McFarlane

(207) 553-1734

(207) 553-1734

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