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About the Listing 1795 - 016115,017450
We are pleased to present Unit #2 at 21 Chestnut Street, Portland, a stabilized investment opportunity featuring a long-standing neighborhood retailer. The property is offered at a 10% capitalization rate based on first-year rental income and is secured by a newly executed seven-year lease. Peace Food Market has successfully operated at this location since 2009, demonstrating consistent performance and strong ties to the surrounding community. This offering provides investors with an established tenant and long-term income stability in a desirable Portland location.
Listing Highlights
Status
Active
Days on Site
21
Property Type
Commercial Sale
MLS ®
1656614
Year Built
2007
Total Square Footage
1,315
Lot/Acreage
0.11
County
Cumberland
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Downtown,Business District
- Garage Capacity: N/A
- Zoning: B-3
- Roof:
- Others:
- Sewer:
- Parking Features: On Street
Financial Details
- Tax Amount: $3,506
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
21 Chestnut St Unit 2 Portland, ME 04101
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