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$2,850,000
0
Beds
0
Baths
10,578
Sqft
279 Main Street, South Portland, Maine, 04106
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MLS# 1650508
Here is a rare opportunity at one of South Portland's most
$2,850,000
279 Main Street, South Portland, Maine, 04106
0
Beds
0
Baths
10,578
Sqft
2.900
Acres
$2,850,000
279 Main Street, South Portland, Maine, 04106
0 Beds
0 Baths
10,578 Sqft
2.900 Acres
Here is a rare opportunity at one of South Portland's most iconic and high-traffic intersections. The Walgreens location at 279 Main Street, located at Cash Corner, is uniquely available for a limited time either as a redevelopment opportunity to purchase vacant or to accept a lease extension offering and remain as a single tenant retail building. The site sees combined traffic counts exceeding 25,000 VPD. The property currently features a freestanding retail building with a drive-thru pharmacy, providing easy access to I-295 and surrounding high-density residential neighborhoods. The tenant currently has a lease expiration of May 31st, 2026 and is seeking a short term lease extension through September 31, 2029 with a rental rate of $134,606.70 annually or $13.46 PSF, NNN. The likely highest and best use is a redevelopment of the existing 10,578 SF as well as additional development of the adjacent excess land with site plan proposals attached to the listing for an idea of what could be developed on the site. The opportunity for an owner user or developer is here for a limited time.
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Accessibility Features
Accessible Approach with Ramp
Property Details
0 Beds
0 Baths
10,578 Sqft
Built 1996
2.900 Acres
No Patio
Forced Air
Siding : Glass, Brick Veneer, Brick, Block, Masonry, Steel Frame
Membrane, Flat Roof
$34,756 Property Tax
Cumberland County
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Location
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Ad Statistics
Ad Number
7199843
Viewed
0 time
Added
Jan 28, 2026
Updated on
Jan 28, 2026
Listing Information
Data Source
Maine Real Estate Information System, Inc.
Source Property ID
1650508
Compliance
Listing Agent: Kevin Fletcher, Keller Williams Realty, 207-754-9311, 207-879-9800, Listing Status: Active
Copyright © 2025 Maine Real Estate Information System, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2025 Maine Real Estate Information System, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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