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Offered at $359,900Active
beds
—
baths
0
sq ft
1,520
Built
1986

1228 Portland Road #4

Arundel, ME 04046

About this home

Opportunity to own approximately 1,520 SF of commercial condominium space in an established professional complex along the Route 1 corridor in Arundel. This 1st-floor unit offers a flexible layout well suited for professional office, therapy, wellness, medical or other service-oriented uses. An attractive option for an owner-user looking to build equity rather than lease, the property offers a professional setting with convenient access to Kennebunk, Biddeford and surrounding York County communities. The adaptable floor plan also provides potential for an investor seeking a manageable commercial condominium opportunity in a well-established location. Unit on 2nd floor directly above may also be available.

Listing last checked: Listing updated:

Listed by Listing Agent · McKechnie Commercial Realty · MLS #1682089

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Details at a glance

Interior3 property facts
Heating
Oil, Baseboard, Hot Water
Cooling
Central Air, Heat Pump
Flooring
Carpet, Vinyl
Building3 property facts
Style
General Commercial
Year built
1986
Roof
Shingle
Land & utilities4 property facts
Lot size
0.03 acres
Water
Public
Sewer
Private Sewer
Zoning
DB-1 Zone
Financial3 property facts
Annual taxes
$1,511
Assessment year
2025
HOA fee
$300 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $359,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,946 / monthAdjust
Principal & interest
$1,820
Property tax
$126
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $1,511. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $300. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 1228 Portland Road #4

Can I request a private showing?

Request a tour of 1228 Portland Road #4 and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.