This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Professional Office 650 Brighton Ave

13,112 SF 100% Leased Office Building Portland, ME 04102 $1,575,000 ($120/SF) 8.14% Cap Rate

Executive Summary

Fantastic opportunity to own an easy to manage 13,112 +/- SF medical/office building with an abundance of parking located in the suburbs of Portland which is centrally located to all amenities including interstates 295/95. This property has been meticulously maintained by the current owner making this an easy investment for the next owner. This building has 5 tenants placed in quality built out spaces w/ elevator and professional hallways. Included in the sale is 0 Eaton Street adjacent to the property that is used for parking or a potential future development!

Property Facts Under Contract

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
13,112 SF
Building Class
B
Year Built
1988
Price
$1,575,000
Price Per SF
$120
Cap Rate
8.14%
NOI
$128,237
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,371 SF
Building FAR
0.57
Lot Size
0.53 AC
Zoning
B1 - Residential Professional
Parking
50 Spaces (3.81 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Central Heating
Bike Score ®
Very Bikeable (77)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PTLD-000224A-000000-F009001
Land Assessment
$406,700
Improvements Assessment
$1,401,400
Total Assessment
$1,808,100
  • Listing ID: 33691199

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 650 Brighton Ave, Portland, ME 04102

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}