9,400 +/- Office Building in Prime South Portland Location

27 Main Street South Portland, ME 04106

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FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$1,150,000
Last Verified:
Dec 15, 2016


Building Renovation in 2007
Interior Upgrades including new Kitchen, front reception, offices and conference rooms
360 Degree parking around Building Perimeter
Huge rear paved area for additional parking and / or storage
Convenient location to Downtown Portland and all major highways
Complete Renovation in 2007
Interior Upgrades including new Kitchen, front reception, offices and conference rooms
Private Bathroom with Shower Stall
360 Degree parking around Building Perimeter
Zero lot limit - Ability to expand or add on to existing structure to the limits of the property
Huge rear paved area for additional parking and / or building addition
Year Built: 1960
Building Size: 9408.0sq ft
Building Class: A
Lot Size: 1.06 acres

Units for Lease

Unit
Lease Type: NNN
Price Per Sqft/Year: $10.0

Map of 27 Main Street, South Portland, ME, 04106

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.