retail/development site · 2017. 8. 31. · for sale retail/development site property details 150...

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One Canal Plaza, Ste 500 Portland, ME 04101 207.772.1333 www.boulos.com The Boulos Company PROPERTY HIGHLIGHTS + Two contiguous parcels totaling 3.44± acres within sight of busy Maine Turnpike Exit 48. Very high exposure to passing traffic. + One lot is improved with an 18,288± sf showroom/warehouse building. + The property is ideal as it currently exists or as a redevelopment opportunity. + Vacant lot was previously approved for a 75± room Comfort Inn style hotel. + In addition to its own entrance, there is a cross-easement through the abutter’s property. + Traffic counts in excess of 25,000 cars per day. + On-site parking for approximately 175 cars. FOR SALE RETAIL/DEVELOPMENT SITE 142-150 RIVERSIDE STREET PORTLAND, ME 04103

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Page 1: RETAIL/DEVELOPMENT SITE · 2017. 8. 31. · FOR SALE RETAIL/DEVELOPMENT SITE PROPERTY DETAILS 150 Riverside Street (Building) 142 Riverside Street (Land) Owner J Properties Dover

One Canal Plaza, Ste 500Portland, ME 04101

207.772.1333 www.boulos.com

The Boulos Company

PROPERTY HIGHLIGHTS

+ Two contiguous parcels totaling 3.44± acres within sight of busy Maine Turnpike Exit 48. Very high exposure to passing traffic.

+ One lot is improved with an 18,288± sf showroom/warehouse building.

+ The property is ideal as it currently exists or as a redevelopment opportunity.

+ Vacant lot was previously approved for a 75± room Comfort Inn style hotel.

+ In addition to its own entrance, there is a cross-easement through the abutter’s property.

+ Traffic counts in excess of 25,000 cars per day.

+ On-site parking for approximately 175 cars.

FOR SALE

RETAIL/DEVELOPMENT SITE142-150RIVERSIDE STREETPORTLAND, ME 04103

Page 2: RETAIL/DEVELOPMENT SITE · 2017. 8. 31. · FOR SALE RETAIL/DEVELOPMENT SITE PROPERTY DETAILS 150 Riverside Street (Building) 142 Riverside Street (Land) Owner J Properties Dover

FOR SALERETAIL/DEVELOPMENT SITE

PROPERTY DETAILS

150 Riverside Street(Building)

142 Riverside Street(Land)

Owner J Properties Dover Development Corp

Land Area 1.38± acres 2.06± acres

Building Size 18,288± sf N/A

Year Built 1965 N/A

Assessor’s Reference 267-A-6 293-D-15

Book/Page 22659/213 15365/278

Zoning B4Commercial Corridor Zone

B4Commercial Corridor Zone

Building Layout Showroom - 11,788± sfWarehouse - 6,500± sf N/A

Drive Through Three (3) N/A

HVAC Natural gas N/A

Sprinklers Yes N/A

Utilities Municipal water/sewer N/A

Parking Spaces 75± 100±

Sale Price for Building & Land: $3,000,000

Page 3: RETAIL/DEVELOPMENT SITE · 2017. 8. 31. · FOR SALE RETAIL/DEVELOPMENT SITE PROPERTY DETAILS 150 Riverside Street (Building) 142 Riverside Street (Land) Owner J Properties Dover

142-150RIVERSIDE STREET

Portland, ME 04103

142-150 Riverside Street is an exceptional location given its proximity to the very busy Maine Turnpike Exit 48 and the numerous office, retail and lodging facilities nearby.

The buyer of 142-150 Riverside Street can utilize the existing 18,288± sf, single-story showroom/warehouse building and make use of the vacant land parcel or a buyer may want to redevelop the entire site. It would be ideal for an office, hotel or car dealership.

The ability to purchase this 3.44± acre parcel is a rare opportunity to acquire this Portland gateway location.

Office Park

Maine Turnpike

Exit 48

Larrabee Road

Riverside Street

142-150 Riverside St.

Page 4: RETAIL/DEVELOPMENT SITE · 2017. 8. 31. · FOR SALE RETAIL/DEVELOPMENT SITE PROPERTY DETAILS 150 Riverside Street (Building) 142 Riverside Street (Land) Owner J Properties Dover

FOR SALERETAIL/DEVELOPMENT SITE

Showroom

Showroom

Warehouse

Page 5: RETAIL/DEVELOPMENT SITE · 2017. 8. 31. · FOR SALE RETAIL/DEVELOPMENT SITE PROPERTY DETAILS 150 Riverside Street (Building) 142 Riverside Street (Land) Owner J Properties Dover

142-150RIVERSIDE STREET

Portland, ME 04103

Rear Lot

Warehouse

Showroom

Page 6: RETAIL/DEVELOPMENT SITE · 2017. 8. 31. · FOR SALE RETAIL/DEVELOPMENT SITE PROPERTY DETAILS 150 Riverside Street (Building) 142 Riverside Street (Land) Owner J Properties Dover

FOR SALERETAIL/DEVELOPMENT SITE

FLOOR PLAN

Sold

Are

a

Rece

iving

Are

aW

areh

ouse

Sho

wroo

m

98’5”

x 75

’3”

Stor

age

Room

19’10

” x 8’

8”

Stor

age

Room

19’10

” x 6’

4”

Stor

age

Room

19’10

” x 6’

4”

Stor

age

Room

19’10

” x 6’

3”

Room

#15

32’7”

x 29

”3”

Hallw

ay5’9

” x 2

4’2”

Small

W

areh

ouse

Sh

owro

om

11’2”

x18’0

Room

#1

419

’4” x

27’1”

Brea

kRo

omRoom

#1

219

’4” x

33’8”

Side

En

tranc

e

Stor

age R

oom

Stor

age R

oom

Room

#4

11’3”

x13’5

Serta

Gall

ery

Room

#338

’0” x

13’5”

Pick

Up

Door

Rece

iving

Door

Room

#1

119

’4” x

33’8”

43’6”

x 6’3

”Fr

ont H

allwa

y

Kitc

hen

Show

room

18’0”

x15’1

Phon

eRo

om

Room

#1

024

’6” x

63’3”

Room

#8

18’0”

x 14

’1”

Insid

e Hall

way

18’0”

x 7’3

Room #9

11’2”

x 13

’10”

Room #7

11’0”

x 13

’10”

Room #6

11’6”

x 13

’10”

Room #5

10”9

”x16

’9”

Room #2C

9’5” x

16’9”

Busin

ess

Offic

e21

’0”x1

6’9”

Exec

utive

Ba

thro

om

Room

#2

43’6”

x50’1

1”

Room

#1

34’3”

x43’9

Fron

tEn

tranc

e

Sales

Offic

e15

’0”x7

”8”

Real

Esta

teOf

fice

15’0

x 12’5

Page 7: RETAIL/DEVELOPMENT SITE · 2017. 8. 31. · FOR SALE RETAIL/DEVELOPMENT SITE PROPERTY DETAILS 150 Riverside Street (Building) 142 Riverside Street (Land) Owner J Properties Dover

142-150RIVERSIDE STREET

Portland, ME 04103

DEED SKETCH

TAX MAP

Page 8: RETAIL/DEVELOPMENT SITE · 2017. 8. 31. · FOR SALE RETAIL/DEVELOPMENT SITE PROPERTY DETAILS 150 Riverside Street (Building) 142 Riverside Street (Land) Owner J Properties Dover

One Canal Plaza, Ste 500Portland, ME 04101

207.772.1333 www.boulos.com

The Boulos Company

©2017 The Boulos Company, Inc. - We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. We represent the Seller/Landlord, and, as such, has a fiduciary duty to disclose to the Seller/Landlord information which is material to the Sale/Lease, acquired from the Buyer/Tenant or any other source, except in cases of disclosed dual agency. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

CONTACT US

GREGORY BOULOSPartner+1 207.772.1333 T+1 207.871.1288 [email protected]

FOR SALERETAIL/DEVELOPMENT SITE

142-150RIVERSIDE STREET

Portland, ME 04103

142-150 Riverside St.

Brighton Avenue

Larrabee Road

Riverside Street

Maine TurnpikeExit 48

Office Park