Opportunity awaits! Located at the center of the peninsula and in Portland emerging Bayside neighborhood this commercial/mixed use investment provides income and opportunity. The main level is leased @ $3,300pm modified gross (tenants pay heat, ac, hot water and electric) and this space is lovely. The upper 2.5 levels have been gutted and await your imagination and finish. The current owners have plans for 5 residential apartments but the options are many. With ReCode this site is slated to become a B2B zone and even more desirable. The bones are good - the location fantastic - the opportunity apparent. Shown by appointment Monday through Friday 10Am to 4PM with advanced notice.
Closed
$600,000
94 Portland Street, Portland, ME 04101
5beds
3,852sqft
Multi Family
Built in 1925
-- sqft lot
$623,200 Zestimate®
$156/sqft
$3,299 Estimated rent
Home value
$623,200
$567,000 - $679,000
$3,299/mo
Zestimate® history
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$3,660/mo
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: January 17, 2025 at 07:10pm
Listed by:
Benchmark Real Estate
Bought with:
Keller Williams Realty
Source: Maine Listings,MLS#: 1592426
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Heat Pump, Hot Water
Cooling
- Heat Pump
Features
- Storage
- Flooring: Other, Vinyl, Wood
- Basement: Interior Entry,Unfinished,Brick/Mortar
Interior area
- Total structure area: 3,852
- Total interior livable area: 3,852 sqft
- Finished area above ground: 3,852
- Finished area below ground: 0
Property
Parking
- Parking features: No Driveway, None
Features
- Levels: Multi/Split
- Body of water: Back Cove
Lot
- Size: 1,306 sqft
- Features: Business District, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Other, Retail Strip, Near Railroad, Corner Lot, Level, Open Lot, Sidewalks, Landscaped
Details
- Zoning: B2b
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Masonry, Brick
- Foundation: Granite, Brick/Mortar
- Roof: Pitched,Shingle
Condition
- Year built: 1925
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2025 | Sold | $600,000-7%$156/sqft |
Source:  Maine Listings #1592426 Report a problem | ||
| 12/6/2024 | Pending sale | $645,000$167/sqft |
Source: Maine Listings #1592426 Report a problem | ||
| 7/31/2024 | Price change | $645,000-7.2%$167/sqft |
Source: Maine Listings #1592426 Report a problem | ||
| 6/6/2024 | Listed for sale | $695,000$180/sqft |
Source: Maine Listings #1592426 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: West Bayside
Nearby schools
GreatSchools rating
- 3/10Howard C Reiche Community SchoolGrades: PK-5Distance: 0.5 mi
- 2/10King Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 0.4 mi
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$623,200
2% more
+$12,464
With Zillow Showcase(estimated)
$635,664
- Maine
- Cumberland County
- Portland
- 04101
- West Bayside
- 94 Portland Street