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31430263
31430264

14 & 18 Veranda Street, Portland, ME 04103

NS
ME BR928219
The Boulos Company Portland
The Boulos Company Portland
Listed by The Boulos Company Portland
$1,415,000
86 days on market
Updated 86 days ago

Mixed-Use Restaurant & Retail Opportunity

Details
APN Map 429, Block C, Lots 6 & 7
Property Type Retail
Sub Type Restaurant
Square Footage 5,429
Units 3
Tenancy Multi
Price per SqFt $261
Class B
Year Built 1910
Year Renovated 2025
Buildings 2
Stories 2
Acreage 0.250
Zoning B-2b
Parking Spaces 25 spaces
Parking Per SqFt 4.60
Investment Type Owner/User
Ground Lease No
Ownership Rockprop, LLC & East Deering Properties, LLC

Retail | 5,429 SqFt

Marketing description

14 Veranda Street consists of a 4,637± SF mixed-use building with ground-floor restaurant space and a newly remodeled second floor two-bedroom residential apartment

18 Veranda Street features a 792± SF freestanding retail building currently operated as an ice cream stand (Beal’s Old Fashioned Ice Cream)

Strong live-work play dynamics with restaurant, residential, and retail users clustered together in a walkable, commuter friendly location near the future entrance of The Roux Institute at Northeastern University

Excellent exposure to commuter, neighborhood, and destination traffic via the I-295 Veranda Street interchange and high-traffic Washington Avenue corridor (26,150± ADT)

Flexible exit strategy: hold as an income-producing portfolio, reposition either building for owner-occupancy, or sell individually over time. Each property can be purchased separately

Sale Price: $935,000 | 14 Veranda Street

Sale Price: $480,000 | 18 Veranda Street

Listing Contacts

NS
ME BR928219
The Boulos Company Portland
The Boulos Company Portland
Listed by The Boulos Company Portland

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Additional Information

Name
Noah Stebbins
License
BR928219
Brokerage
The Boulos Company
Title
Broker
Brokerage Address
One Portland Square
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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