279 Main Street South Portland, ME

$2,850,000
Square Footage 10,578
Acres 2.90
Photo of 279 Main Street South Portland ME 04106




Description

Presenting a rare chance to acquire a landmark site at one of South Portland's most iconic, high-traffic intersections. Located at 279 Main Street, this property boasts combined traffic counts exceeding 25,000 VPD and offers immediate access to I-295 and high-density residential neighborhoods. The site currently features a 10,578 SF freestanding building with a drive-thru, providing a strong foundation for redevelopment or an owner-user transition. With additional excess land included, the highest and best use lies in a full-scale redevelopment project, supported by available site plan proposals. Secure a strategic foothold in a premier location with short-term holding income potential while you finalize your vision for this transformative site.


Listed by Keller Williams Realty, Kevin Fletcher 207-879-9800

Details

MLS 1650508
Status Pending
Price $2,850,000
DOM 83 days
Type Commercial
Square Feet 10,578 sqft
Lot Size 2.90 acres
Year Built 1996
Taxes Paid $34,756

Lot & Building Features

Cooling Central Air
Tax Year 2024
Taxes Paid $34,756

Map

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Financing

$
20%
1.2195087719298%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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