alt
alt
alt
alt
alt
View All

For Sale

Mixed-Use Restaurant & Retail Opportunity

14 & 18 Veranda Street,
Portland, ME 04103

Asset Snapshot

1910
Year Built
2025
Year Renovated
2
Floor Count
2
Building Count
25
Parking Spots

Offering Summary

Investment Overview

Mixed-Use Restaurant & Retail Opportunity


Investment Highlights

  • 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

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$1,415,000
Asking Price