This property is ideal for an owner/user looking for very high visibility on a heavily traveled street. The 2010 Department of Transportation traffic count is 14,710 vehicles per day. There are signage opportunities at this building and along Broadway. The building has exceptional views of Portland and Casco Bay. The building can accommodate a number of various users. Supplement your expenses with the second floor rental income or work and live in this great building.
The building has been renovated over the past years and the current tenant on the first floor is a flower shop. The second floor is occupied by a residential tenant paying $1,245 per month with all utilities included.
There are about 7 parking spaces on site with the right to lease an additional 2.
Own for an amount equal to or less than to rent! - Parking description: up to 7 on site (5 in back, 2 in front) with the option to lease an additional 2 parking spaces. - Area description: 700 Broadway is located just off the Casco Bay Bridge in the popular Millcreek District - South Portland’s downtown business and service center. This vibrant neighborhood market is home to City Hall, the Post Office, the Central Fire / Police Station, two large supermarkets, many small locally owned businesses and a large city park that hosts numerous cultural and civic events throughout the year. Portland—Maine’s largest city—is located just across the bay. - Number of buildings: 1 - Building condition: Excellent - Tenancy: Multiple Tenants
|6 Mb/s: TIME WARNER CABLE|
|1.5 Mb/s: FairPoint Communications, Inc.|
|1.5 Mb/s: Biddeford Internet Corporation|
|1.5 Mb/s: Axiom Technologies|
Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.